What is a breakpoint schedule?

Breakpoint schedules are levels set by the mutual fund that allows an investor to receive a sales load discount. Discounts from breakpoints are typically applied to funds with a front-end sales load, but they could be applicable to all shares of a fund.

What is a breakpoint in business?

A breakpoint is the dollar amount for the purchase of a load mutual fund’s shares that qualifies the investor for a reduced sales charge. Breakpoints offer investors a discount for making larger investments. The purchase may either be made in a lump sum or by staggering payments within a specified period of time.

Who is eligible for breakpoint?

Investors can qualify for breakpoints through a single purchase of Class A mutual fund shares, with a letter of intent (LOI) or through rights of accumulation (ROA).

What best describes a breakpoint?

A breakpoint sale is a violation of the Conduct Rules. It occurs when a broker permits a client to purchase shares in an amount immediately below the amount that would qualify the client for a discounted sales charge, without informing him of the breakpoint.

What is a breakpoint sale?

A Breakpoint Sale is the practice of selling mutual fund shares in dollar amounts that are just below the point where an investor would be entitled to a sale charge reduction. A breakpoint sale is designed for the purpose of trying to earn a larger commission.

Is breakpoint selling legal?

Unfortunately, some brokers take advantage of investors and will try to intentionally push them away from available discounts. This is a direct violation of FINRA rule 2342 which prohibits a practice known as a ‘breakpoint’ sale.

What is NYSE breakpoint?

Breakpoints: The size breakpoint is the market capitalization of the median. NYSE firms with positive book equity into three categories: 30% of the eligible NYSE firms with positive BE are in Low (Growth) 40% are in Medium (Neutral) and 30% are in High (Value).” Rebalancing: Annual (at the end of June) 1926-Present.

Where is breakpoint based?

Auroa

Setting and characters. The game is set in the year 2025, six years after the events of Wildlands and one year after the events of Future Soldier. The story takes place on Auroa, an fictional island in the South Pacific owned by a billionaire entrepreneur and philanthropist named Jace Skell.