This one is more tricky than some other investing terms but of course I’m gonna explain it in a nice easy way as always.
The whole meaning of a Breakpoint is basically the level of dollar investment which are located in a mutual fund and at which you as an investor become eligible for a discounted sales fees.
And this so-called level can be achieved in two ways. The first way is through a single purchase. And the second way is through a series of smaller purchases.