{"id":29736,"date":"2023-12-07T08:37:53","date_gmt":"2023-12-07T08:37:53","guid":{"rendered":"https:\/\/masterskills.org\/blog\/phi-12b-1-12b-1-fee-trong-qui-tuong-ho-la-gi-dac-diem-va-chuc-nang.html"},"modified":"2023-12-23T06:10:22","modified_gmt":"2023-12-22T23:10:22","slug":"phi-12b-1-12b-1-fee-trong-qui-tuong-ho-la-gi-dac-diem-va-chuc-nang","status":"publish","type":"post","link":"https:\/\/masterskills.org\/blog\/phi-12b-1-12b-1-fee-trong-qui-tuong-ho-la-gi-dac-diem-va-chuc-nang.html","title":{"rendered":"Ph\u00ed 12b-1 (12b-1 Fee) trong qu\u0129 t\u01b0\u01a1ng h\u1ed7 l\u00e0 g\u00ec? \u0110\u1eb7c \u0111i\u1ec3m v\u00e0 ch\u1ee9c n\u0103ng"},"content":{"rendered":"
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(\u1ea2nh minh h\u1ecda: Wsj)<\/p>\n<\/figcaption><\/figure>\n

Ph\u00ed 12b-1\u00a0<\/font><\/h2>\n

Kh\u00e1i ni\u1ec7m<\/b><\/p>\n

Ph\u00ed 12b-1<\/b> trong ti\u1ebfng Anh l\u00e0 12b-1 Fee<\/b>.<\/p>\n

Ph\u00ed 12b-1 <\/b>l\u00e0 ph\u00ed ti\u1ebfp th\u1ecb ho\u1eb7c ph\u00ed ph\u00e2n ph\u1ed1i h\u00e0ng n\u0103m c\u1ee7a m\u1ed9t\u00a0qu\u0129 t\u01b0\u01a1ng h\u1ed7, \u0111\u01b0\u1ee3c coi l\u00e0 chi ph\u00ed ho\u1ea1t \u0111\u1ed9ng v\u00e0 \u0111\u01b0\u1ee3c bao g\u1ed3m trong\u00a0t\u1ec9 l\u1ec7 t\u1ed5ng chi ph\u00ed\u00a0c\u1ee7a qu\u0129.<\/p>\n

Ph\u00ed 12b-1 th\u01b0\u1eddng n\u1eb1m trong kho\u1ea3ng t\u1eeb 0,25% \u0111\u1ebfn t\u1ed1i \u0111a cho ph\u00e9p l\u00e0 0,75% t\u00e0i s\u1ea3n r\u00f2ng c\u1ee7a qu\u0129.<\/p>\n

Hi\u1ec3u h\u01a1n v\u1ec1 Ph\u00ed 12b-1<\/font><\/h3>\n

Nh\u1eefng ng\u00e0y \u0111\u1ea7u kinh doanh qu\u0129 t\u01b0\u01a1ng h\u1ed7, ph\u00ed 12b-1<\/b> \u0111\u01b0\u1ee3c cho l\u00e0 h\u1eefu \u00edch v\u1edbi c\u00e1c nh\u00e0 \u0111\u1ea7u t\u01b0. Ng\u01b0\u1eddi ta tin r\u1eb1ng b\u1eb1ng c\u00e1ch ti\u1ebfp th\u1ecb m\u1ed9t qu\u0129 t\u01b0\u01a1ng h\u1ed7, t\u00e0i s\u1ea3n c\u1ee7a n\u00f3 s\u1ebd t\u0103ng l\u00ean v\u00e0\u00a0ph\u00ed qu\u1ea3n l\u00ed\u00a0c\u00f3 th\u1ec3 gi\u1ea3m \u0111i v\u00ec\u00a0l\u1ee3i th\u1ebf kinh t\u1ebf nh\u1edd qui m\u00f4\u00a0(Economies of scale). Tuy nhi\u00ean, \u0111i\u1ec1u n\u00e0y v\u1eabn ch\u01b0a \u0111\u01b0\u1ee3c ch\u1ee9ng minh.<\/p>\n

Ng\u00e0y nay, ph\u00ed 12b-1 ch\u1ee7 y\u1ebfu \u0111\u01b0\u1ee3c s\u1eed d\u1ee5ng \u0111\u1ec3 th\u01b0\u1edfng cho c\u00e1c b\u00ean trung gian b\u00e1n c\u1ed5 phi\u1ebfu c\u1ee7a qu\u0129. L\u00e0 m\u1ed9t kho\u1ea3n\u00a0ph\u00ed hoa h\u1ed3ng\u00a0\u0111\u01b0\u1ee3c tr\u1ea3 cho nh\u00e2n vi\u00ean b\u00e1n h\u00e0ng, n\u00ean \u0111\u01b0\u1ee3c cho l\u00e0 kh\u00f4ng c\u00f3 \u1ea3nh h\u01b0\u1edfng g\u00ec \u0111\u1ec3 vi\u1ec7c t\u0103ng hi\u1ec7u su\u1ea5t c\u1ee7a m\u1ed9t qu\u0129.<\/p>\n

V\u00e0o n\u0103m 2015, \u1ee6y ban Ch\u1ee9ng kho\u00e1n v\u00e0 Giao d\u1ecbch M\u1ef9 (SEC) \u0111\u00e3 b\u1eaft \u0111\u1ea7u ki\u1ec3m tra vi\u1ec7c s\u1eed d\u1ee5ng ph\u00ed 12b-1 \u0111\u1ec3 x\u00e1c \u0111\u1ecbnh xem c\u00e1c qui t\u1eafc t\u00ednh ph\u00ed n\u00e0y c\u00f3 \u0111\u01b0\u1ee3c tu\u00e2n th\u1ee7 hay kh\u00f4ng v\u00e0 s\u1ef1 hi\u1ec7n di\u1ec7n c\u1ee7a c\u00e1c kho\u1ea3n ph\u00ed \u0111\u00f3 c\u00f3 \u0111\u01b0\u1ee3c c\u00f4ng b\u1ed1 ch\u00ednh x\u00e1c hay kh\u00f4ng.<\/p>\n

\u0110\u1eb7c \u0111i\u1ec3m c\u1ee7a Ph\u00ed 12b-1<\/font><\/h3>\n

Ph\u00ed 12b-1 <\/b>\u0111\u01b0\u1ee3c chia th\u00e0nh 02 lo\u1ea1i ph\u00ed kh\u00e1c nhau: ph\u00ed ph\u00e2n ph\u1ed1i & ti\u1ebfp th\u1ecb, v\u00e0 ph\u00ed d\u1ecbch v\u1ee5.<\/p>\n

T\u1ed5ng ph\u00ed 12b-1 \u0111\u01b0\u1ee3c t\u00ednh b\u1edfi m\u1ed9t qu\u0129, \u0111\u01b0\u1ee3c gi\u1edbi h\u1ea1n \u1edf m\u1ee9c 1% h\u00e0ng n\u0103m.<\/i><\/p>\n

Ph\u00ed ph\u00e2n ph\u1ed1i v\u00e0 ti\u1ebfp th\u1ecb c\u1ee7a ph\u00ed \u0111\u01b0\u1ee3c gi\u1edbi h\u1ea1n \u1edf m\u1ee9c 0,75% h\u00e0ng n\u0103m, trong khi ph\u1ea7n ph\u00ed d\u1ecbch v\u1ee5 c\u00f3 th\u1ec3 l\u00ean t\u1edbi 0,25%.<\/p>\n

S\u1eed d\u1ee5ng Ph\u00ed 12b-1 trong mua b\u00e1n c\u1ed5 phi\u1ebfu c\u1ee7a nh\u00e0 m\u00f4i gi\u1edbi<\/font><\/h3>\n

C\u1ed5 phi\u1ebfu lo\u1ea1i B v\u00e0\u00a0c\u1ed5 phi\u1ebfu lo\u1ea1i C\u00a0c\u1ee7a c\u00e1c qu\u0129 b\u00e1n cho ng\u01b0\u1eddi m\u00f4i gi\u1edbi th\u01b0\u1eddng c\u00f3 ph\u00ed 12b-1<\/b>, nh\u01b0ng h\u1ecd c\u0169ng c\u00f3 th\u1ec3 b\u1ecb t\u00ednh ph\u00ed \u0111\u1ed1i v\u1edbi c\u1ed5 phi\u1ebfu c\u1ee7a qu\u0129 t\u01b0\u01a1ng h\u1ed7 kh\u00f4ng c\u00f3 ph\u00ed b\u00e1n (No-load mutual fund) v\u00e0\u00a0c\u1ed5 phi\u1ebfu lo\u1ea1i A.<\/p>\n

C\u1ed5 phi\u1ebfu lo\u1ea1i A, th\u01b0\u1eddng t\u00ednh\u00a0ph\u00ed gia nh\u1eadp\u00a0(Front-end load) nh\u01b0ng kh\u00f4ng t\u00ednh ph\u00ed r\u00fat v\u1ed1n (Back-end load), c\u00f3 th\u1ec3 gi\u1ea3m ph\u00ed 12b-1 nh\u01b0ng th\u00f4ng th\u01b0\u1eddng qu\u00e1 1%.<\/p>\n

C\u1ed5 phi\u1ebfu lo\u1ea1i B, th\u01b0\u1eddng kh\u00f4ng ch\u1ecbu ph\u00ed gia nh\u1eadp nh\u01b0ng t\u00ednh t\u00ednh ph\u00ed r\u00fat v\u1ed1n gi\u1ea3m d\u1ea7n theo th\u1eddi gian, \u0111i k\u00e8m v\u1edbi ph\u00ed 12b-1.<\/p>\n

C\u1ed5 phi\u1ebfu lo\u1ea1i C, th\u01b0\u1eddng c\u00f3 kh\u1ea3 n\u0103ng ch\u1ecbu ph\u00ed 12b-1 t\u1ed1i \u0111a 1%. S\u1ef1 hi\u1ec7n di\u1ec7n c\u1ee7a ph\u00ed 12b-1 th\u01b0\u1eddng xuy\u00ean \u0111\u1ea9y t\u1ec9 l\u1ec7 chi ph\u00ed chung tr\u00ean qu\u0129 l\u00ean tr\u00ean 2%.<\/p>\n

Ph\u00ed 12b-1 \u0111\u01b0\u1ee3c s\u1eed d\u1ee5ng \u0111\u1ec3 l\u00e0m g\u00ec?<\/font><\/h3>\n

Ph\u00ed ph\u00e2n ph\u1ed1i<\/b> d\u00e0nh cho c\u00e1c nh\u00e0 m\u00f4i gi\u1edbi ti\u1ebfp th\u1ecb v\u00e0 \u0111\u1ec3 chi tr\u1ea3 cho nh\u00e0 m\u00f4i gi\u1edbi b\u00e1n c\u1ed5 phi\u1ebfu. Ph\u00ed ph\u00e2n ph\u1ed1i c\u0169ng h\u01b0\u1edbng t\u1edbi vi\u1ec7c qu\u1ea3ng c\u00e1o qu\u0129, g\u1eedi t\u00e0i li\u1ec7u v\u00e0 b\u1ea3n c\u00e1o b\u1ea1ch cho kh\u00e1ch h\u00e0ng.<\/p>\n

Ph\u00ed d\u1ecbch v\u1ee5 <\/b>c\u1ee7a c\u1ed5 \u0111\u00f4ng, m\u1ed9t h\u00ecnh th\u1ee9c kh\u00e1c, \u0111\u1eb7c bi\u1ec7t tr\u1ea3 cho qu\u0129 \u0111\u1ec3 thu\u00ea ng\u01b0\u1eddi tr\u1ea3 l\u1eddi c\u00e1c c\u00e2u h\u1ecfi c\u1ee7a nh\u00e0 \u0111\u1ea7u t\u01b0 v\u00e0 ph\u00e2n ph\u1ed1i th\u00f4ng tin khi c\u1ea7n thi\u1ebft, m\u1eb7c d\u00f9 c\u00e1c kho\u1ea3n ph\u00ed n\u00e0y c\u00f3 th\u1ec3 \u0111\u01b0\u1ee3c y\u00eau c\u1ea7u m\u00e0 kh\u00f4ng c\u1ea7n s\u1eed d\u1ee5ng ph\u00ed 12b-1.<\/b><\/p>\n

M\u1ed9t lo\u1ea1i ph\u00ed kh\u00e1c c\u00f3 th\u1ec3 \u0111\u01b0\u1ee3c t\u00ednh l\u00e0 “chi ph\u00ed kh\u00e1c”. C\u00e1c chi ph\u00ed kh\u00e1c c\u00f3 th\u1ec3 bao g\u1ed3m c\u00e1c chi ph\u00ed li\u00ean quan \u0111\u1ebfn d\u1ecbch v\u1ee5 ph\u00e1p l\u00ed, k\u1ebf to\u00e1n v\u00e0 h\u00e0nh ch\u00ednh. Qu\u0129 c\u0169ng c\u00f3 th\u1ec3 d\u00f9ng chi ph\u00ed kh\u00e1c n\u00e0y \u0111\u1ec3 tr\u1ea3 ti\u1ec1n cho \u0111\u1ea1i l\u00ed chuy\u1ec3n nh\u01b0\u1ee3ng hay ph\u00ed \u00e1n ph\u1ea1t n\u1ebfu c\u00f3.<\/p>\n

(Theo Investopedia)<\/i><\/p>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"

\n Ph\u00ed 12b-1 (ti\u1ebfng Anh: 12b-1 Fee) l\u00e0 ph\u00ed ti\u1ebfp th\u1ecb ho\u1eb7c ph\u00ed ph\u00e2n ph\u1ed1i h\u00e0ng n\u0103m c\u1ee7a m\u1ed9t qu\u0129 t\u01b0\u01a1ng h\u1ed7, \u0111\u01b0\u1ee3c coi l\u00e0 chi ph\u00ed ho\u1ea1t \u0111\u1ed9ng v\u00e0 \u0111\u01b0\u1ee3c bao g\u1ed3m trong t\u1ec9 l\u1ec7 chi ph\u00ed c\u1ee7a qu\u0129.\n <\/div>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[417],"tags":[],"_links":{"self":[{"href":"https:\/\/masterskills.org\/blog\/wp-json\/wp\/v2\/posts\/29736"}],"collection":[{"href":"https:\/\/masterskills.org\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/masterskills.org\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/masterskills.org\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/masterskills.org\/blog\/wp-json\/wp\/v2\/comments?post=29736"}],"version-history":[{"count":0,"href":"https:\/\/masterskills.org\/blog\/wp-json\/wp\/v2\/posts\/29736\/revisions"}],"wp:attachment":[{"href":"https:\/\/masterskills.org\/blog\/wp-json\/wp\/v2\/media?parent=29736"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/masterskills.org\/blog\/wp-json\/wp\/v2\/categories?post=29736"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/masterskills.org\/blog\/wp-json\/wp\/v2\/tags?post=29736"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}