Quantcast
The MFWire
Manage Email Alerts | Sponsorships | About MFWire | Who We Are

Subscribe to MFWire.com's News Alerts [click]

Rating:Strong to Abandon 12b-1 Plan Not Rated 3.0 Email Routing List Email & Route  Print Print
Monday, May 22, 2000

Strong to Abandon 12b-1 Plan

Reported by Jason Shank

TheStreet.com reports that Strong Funds has filed papers with the SEC to abandon plans to implement a 25 basis point
Related Links
 Strong Funds
 TheStreet.com
On InvestmentWires
 Merrill Lynch Lures EC Expert From Strong
Feb 1 2000
 Mainstay Hires CFO
Aug 24 1999
 Strong Funds Retirement Sales Head Resigns
Mar 15 1999
 Strong Gets A Lifestyle
Jan 7 1999
12b-1 fee for 12 of its no-load funds, as it had announced in early March.

The Menomonee Falls, Wisconsin company had previously concentrated its efforts on the direct sales channel, but on March 2 had said that it would be distributing 12 of its funds through brokers, compensating them with the 12b-1 fees.

The Street.com further reports that a Strong spokesperson said the company is working on an alternative strategy to compensate advisors and that this plan would be revealed in the next six months. 

Stay ahead of the news ... Sign up for our email alerts now
CLICK HERE

3.0
 Do You Recommend This Story?



GO TO: MFWire
Return to Top
 News Archives
2020: Q2Q1
2019: Q4Q3Q2Q1
2018: Q4Q3Q2Q1
2017: Q4Q3Q2Q1
2016: Q4Q3Q2Q1
2015: Q4Q3Q2Q1
2014: Q4Q3Q2Q1
2013: Q4Q3Q2Q1
2012: Q4Q3Q2Q1
2011: Q4Q3Q2Q1
2010: Q4Q3Q2Q1
2009: Q4Q3Q2Q1
2008: Q4Q3Q2Q1
2007: Q4Q3Q2Q1
2006: Q4Q3Q2Q1
2005: Q4Q3Q2Q1
2004: Q4Q3Q2Q1
2003: Q4Q3Q2Q1
2002: Q4Q3Q2Q1
 Subscribe via RSS:
Raw XML
Add to My Yahoo!
follow us in feedly




©All rights reserved to InvestmentWires, Inc. 1997-2020
14 Wall Street | 20th Floor | New York, NY 10005 | P: 212-331-8968 | F: 212-331-8998
Privacy Policy :: Terms of Use