What are the fees associated with investing in Blackrock Funds?
The fees associated with investing in Blackrock Funds vary depending on the specific fund and the type of investment. Generally, Blackrock Funds charges management fees, which cover the cost of fund management and administration. These fees are typically disclosed in the fund prospectus and are expressed as an annual percentage of the fund's net assets. In addition to management fees, there may be other charges such as distribution fees, 12b-1 fees, and transaction fees for buying or selling shares. The amount of these fees can also vary depending on the investor's share class and the amount invested. It is important for potential investors to carefully review the fund's prospectus and fee information to understand the specific charges associated with investing in Blackrock Funds.
Answered Nov 2, 2023
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