LOAD SPREAD OPTION
A method of paying the annual fees for a mutual fund in lump sum through periodic deductions. Investors allow spreading out the load payments in a series of smaller contributions and the fees are taken off of their regular contributions to the fund. In this way, they are spared from the burden of the load fees over time.
Also known as Spread Load Contractual Plan.
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Depository Trust Company Tracking - DTCT
A service, used by underwriting firms, that provides a method of tracking the exact path of purchases and sales of newly issued securities.
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