TITLE

Hancock Cuts Fees to Ease Fed Effect on Principal, Returns

AUTHOR(S)
Briggs, Amanda
PUB. DATE
July 2003
SOURCE
Bond Buyer;7/2/2003, Vol. 345 Issue 31669, p6
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
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.
ACCESSION #
10242363

 

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