Multiple Choice
A 1 to 5 percent fee that investors pay when they withdraw their investment from a mutual fund is called a:
A) withdrawal fee.
B) 12b-1 fee.
C) contingent deferred sales load.
D) front-end load.
E) management fee.
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q7: Typically,you must invest at least $15,000 to
Q41: The major reasons why investors purchase mutual
Q67: Contingent deferred sales loads may also be
Q114: There are about _ exchange-traded funds.<br>A) 25<br>B)
Q116: Sloan Richards is buying shares in a
Q117: Mutual funds that invest in a variety
Q118: All information related to management fees, contingent
Q120: Marcie is seeking interest income but wants
Q121: An investment company sponsoring a mutual fund
Q124: Approximately _ percent of all mutual funds