Florenza

What Are Mutual Fund Level Load Fees?

by

A mutual fund level load fee is a fee charged by a mutual fund company in order to invest in one of its funds. The fee is typically a percentage of the investment, and is paid upfront when the investment is made. The fee is then used to cover the costs of running the fund, … Read more

Core Capital Definition.

by

The Core Capital Definition is a term used in the banking industry to describe the minimum amount of capital that a bank must hold in order to be considered solvent. This capital is composed of equity and other financial instruments that can be readily converted into cash. The Core Capital Definition is used by regulators … Read more