Compensation paid by the product supplier (fund management) to the broker for his ongoing performance (selection of investment products, fund research carried out by the broker, compiling marketing material, employee information and training). Quoted as a percentage of the management fee.
Term-Nr.: 767
German: Vertriebsentschädigungen und Rückvergütungen (853)
Source: SFO D15 2010 m. e. E., 24.04.2010
Leave a Reply
Want to join the discussion?Feel free to contribute!