Hancock Cuts Fees to Ease Fed Effect on Principal, Returns

Briggs, Amanda
July 2003
Bond Buyer;7/2/2003, Vol. 345 Issue 31669, p6
Trade Publication
Reports on the decision of John Hancock Funds Inc. to waive its distribution and service fees for share classes of a taxable money market fund. Reasons for decision of the company to waive off distribution and service fees; Date up to which offer by the company is valid; Types of share classes on which the waive off is available; Impact of waiving of 12b-1 fees by the company on its expenditure; Expected amount to be lost by the company on an annual basis from this decision.


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