breakpoint investment & finance definition
In
mutual funds sales, the minimum amount of money that an investor must invest to
earn a reduction in sales charges. As the amount invested rises, fees are
discounted even further. Typically breakpoints occur with Class A mutual funds
shares, which have a front-end sales load.
See breakpoint in Wall Street Words
The cumulative level of purchases of shares in a mutual fund that is required before an individual purchaser can qualify for a reduced sales commission. Compare
letter of intent. See also
right of accumulation.
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