Final answer:
Mutual fund managers may pay distribution fees to their distribution channels as compensation for the services provided in marketing and selling the mutual fund to investors.
Step-by-step explanation:
Mutual fund managers may pay a fee called distribution fees to their distribution channels.
These fees are paid to financial intermediaries, such as brokers or advisors, who sell the mutual fund to investors.
The distribution fees compensate the distribution channels for the services they provide in marketing and selling the mutual fund to investors.