TITLE

John Hancock Cuts 12b-1 Money Market Service Fees

AUTHOR(S)
Fine, Jacob
PUB. DATE
November 2002
SOURCE
Bond Buyer;11/22/2002, Vol. 342 Issue 31519, p6
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
Reports that the mutual fund complex, John Hancock Funds, has cut the 12b-1 distribution and service fees for the John Hancock Money Market Fund in the U.S. Annual out-of-pocket expenses for the company owing to the move; Aim of the move; Payment to brokers who sell funds; Decrease in tax-free funds' yield for the week ending November 18, 2002; Investments in the two types of funds.
ACCESSION #
8673166

 

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