Which is true about a $12b-1$ fee:

A The $12b-1$ fee covers the cost of odvertising and other distribution expenses.

B

The $12b-1$ fee connot be more than $25$ basis points.

The $12b-1$ fee is part of all mutual funds" expense rotios

The $12b-1$ fee is sometimes used by the Fund manoger to cover manogement costs.