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Definitions for "Dilution Levy"
Keywords:  oeic, levy, icvc, sicav, hassle
Related Terms: Sales charge, Front-end load, Load, No load, Sales load, Initial charge, Exit charge, Breakpoint, No load fund, Redemption fee, Back-end load, Load fund, Entry fee, Back end load, Front end load, No-load fund, Rights of accumulation, Incentive fee, Cdsc, Contingent deferred sales charge, No-load mutual fund, No-load, Deferred sales charge, Management fee, Exit fee, Management fees, Front-end loading, Investment management fee, Annual management charge, Redemption charge, Load funds, Share classes, Level load, Expense ratio, No-load funds, Reinvest, Low-load fund, Public offering price, No load mutual fund, Pop, Municipal bond fund, High watermark, Wrap account, Constant dollar plan, Negative gearing, Annual management fee, Initial investment, Gross yield, Open-end fund
Bid-offer spreads are not allowed for OEICs. Instead, they have a dilution levy which is supposed to cover the cost for the hassle of someone buying into or selling out of an OEIC. The money goes into the OEIC's fund itself, not the pockets of the company running it.
uk.biz.yahoo.com
A charge levied by the ACD of an ICVC to be made for the purposes of reducing the effects of dilution
encompassfm.co.uk
Reduces the effect of  dilution by making a separate charge to investors when they buy or sell  shares in the fund. The amount of the levy is paid into the fund for the protection of existing/continuing shareholders. The dilution levy is not applied for the benefit of M&G.
mandg.co.uk
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