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Demystifying DIY Investing - Peter McMurtry, Financial Writer and Author of Own Your Financial Future

More Money Podcast

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How to Avoid a Deferred Sales Charge

A lot of people aren't aware of deferred sales charge DSCs. The industry is slowly getting away from these products and just making them basically investment management fee. But right now, a lot of funds still charge your deferred sales charge. If you redeemed that fund before five years, you could be paying anywhere from two to three and a half percent of the value of the money you put in.

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