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What Is A Contingent Deferred Sales Charge (or Cdsc)? What Is A Contingent Deferred Sales Charge (or Cdsc)? |
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Answer» A back-end LOAD IMPOSED on an investor if he exits from the FUND before a pre-determined period (say 6 MONTHS). The charges decline the longer an investor STAYS invested with a fund. A back-end load imposed on an investor if he exits from the fund before a pre-determined period (say 6 months). The charges decline the longer an investor stays invested with a fund. |
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