[Series 6] 4, Breakpoints and Sales Charge Reductions
This podcast is made by Ran Chen, who holds an EA license, Insurance and Securities licenses (Series 6, 63, 65), and CFP designation. He is passionate about opening up information to help everyone prepare better for financial certification exams. This episode covers content for the Series 6 Exam. In this episode you will learn: - The definition of mutual fund breakpoints and how they reduce sales charges for larger investments. - How to use a Letter of Intent (LOI) to receive a breakpoint discount by committing to future investments over 13 months. - How Rights of Accumulation (ROA) allow you…
The skinny
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