Word: breakpoints
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...witnessed the redefining of conservatism in many European countries in a way that increasingly views Islam as a challenge to national identity, the issue of immigration emerging as a source of underlying tension. The Muslim response to the cartoons—according to Klausen—represented the breakpoint of existing hostile attitudes...
...letter also raises concerns over the widening income gap between rich and poor households. “[W]hen inequality becomes extreme, it can be socially corrosive and economically dysfunctional,” the professors wrote. “We don’t know where the breakpoint is for the U.S., but we would rather not find...
Most mutual-fund companies that sell through brokers give clients a discount on up-front commissions once they invest $25,000. But because of complex rules and carelessness, brokers often fail to award breakpoint discounts to their customers. The National Association of Securities Dealers is cracking down, telling brokerages to send out refunds possibly worth tens of millions of dollars. Although your broker should determine if you qualify, it doesn't hurt to ask or to read your fund prospectus and statement of additional information, both of which list breakpoint rules. All money invested with one fund firm--say, American...
Invest More, Pay Less A sample breakpoint schedule...
PUSH FOR DISCOUNTS. Find out how much you must invest to qualify for a fund's breakpoint. Visit the company's website, and have your broker show you the "sales charges" section of the fund's Statement of Additional Information (SAI). If you already own the same fund in your 401(k) or IRA, that money may count toward the cut rate. If other members of your family hold funds from the same company--or plan to do so over the next 12 months--you could qualify for a discount on a fund's A shares...