Multiple Choice
12b-1 fees
A) are determined as a small percentage of the fund's investable assets.
B) are annual fees to cover distribution and marketing costs of the fund.
C) have been approved by the SEC.
D) are capped at a maximum 0.25 percent for no-load funds.
E) All of the options.
Correct Answer:
Verified
Correct Answer:
Verified
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