What are the fees associated with Franklin Resources Inc. investments?
The fees associated with Franklin Resources Inc. investments vary depending on the specific investment product you choose. Some investments may have front-end or back-end sales loads, which are charges for buying or selling shares. Mutual funds may have expense ratios, which represent the annual operating expenses as a percentage of the fund's assets. These expenses typically cover management fees, administrative costs, and other operational expenses. Additionally, certain investments may have transaction fees, account maintenance fees, or advisory fees, especially if you work with a financial advisor. It's important to thoroughly review the prospectus or offering documents of each investment product for a detailed breakdown of the associated fees, as they can significantly impact your overall investment returns.
Answered May 3, 2024
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