investment fund

Investment Fund Weasel Words

Synonyms for “Receive”:   “Charge,” “Levy,” “Assess,” “Subtract,” “Deduct,” “Reduce” “TFLIC receives an asset charge of 1.18% from the assets of the separate account.” –Prospectus On the list of really annoying things about a great many mutual funds and how they disclose their (too-high) fees, add this one:  a bond fund sponsored by Transamerica Financial Life Insurance (“TFLIC”)...
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