Sales compensation and reimbursement

Compensation paid by the product supplier (fund management) to the broker for his ongoing performance (selection of investment products, fund research carried out by the broker, compiling marketing material, employee information and training). Quoted as a percentage of the management fee.

Term-Nr.: 767

German: Vertriebsentschädigungen und Rückvergütungen (853)

Source: SFO D15 2010 m. e. E., 24.04.2010

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