• Glossary front • Glossary Index A-G • Glossary Index H-M • Glossary Index N-R • Glossary Index S-Z		12B-1 Fees       Search the Glossary Word Search Full Text Search The percent of a mutual fund's assets used to defray marketing and distribution expenses. The amount of the fee is stated in the fund's prospectus. The SEC has recently proposed that 12B-1 fees in excess of 0. 25% be classed as a load. A true "no load" fund has neither a sales charge nor 12b-1 fee. © Copyright The Washington Post