Close Close

Practice Management > Compensation and Fees

Four Strong Funds Add Exit Fees

Your article was successfully shared with the contacts you provided.

Aug. 13, 2002 — Strong Capital Management Inc. will add redemption fees to four of its international mutual funds in an effort to deter short-term traders.

The 1% fees will apply to shares bought on or after Sept. 1 that are held for less than 15 days. The fees are being added to Strong Asia Pacific Fund (SASPX), Strong Foreign Major Markets Fund (SFMMX), Strong International Stock Fund (STISX) and Strong Overseas Fund (SOVRX).