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15:41 Oct 21, 2009
English to Swedish translations [PRO] Bus/Financial - Investment / Securities Additional field(s): Accounting, Finance (general)
English term or phrase:redemption fee
Definition from Rafferty Capital Markets, LLC: A sales charge or commission paid when an individual sells an investment, such as a mutual fund or an annuity. Intended to discourage withdrawals.
Example sentence(s):
Unlike a back-end load, which profits the fund company, redemption fees go back into the fund itself and thus do not represent a net cost to shareholders. MiMi.hu
In order to process a short-term redemption fee, shares of mutual funds that carry such a fee must be tracked, or aged, beginning at the time of purchase. Then, at the time of sale, shares must be examined to determine if they are subject to a redemption fee. Variable Annuity Life Insurance Company
A redemption fee is another type of fee that some funds charge their shareholders when the shareholders redeem their shares. Although a redemption fee is deducted from redemption proceeds just like a deferred sales load, it is not considered to be a sales load. US Securities and Exchange Commission
Definition from own experience or research: inlösenavgift är vad försäkringsbolaget tar ut när man löser in (säger upp) fondandelar (pensionsförsäkring t.ex.) i förväg.
Example sentence(s):
Inlösenavgift om 1 procent utgår vid inlösen. Avgiften tillfaller fonden. ... Ingen inlösenavgift utgår vid innehav över 30 dagar. - swedbank
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