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You Are Going to Invest in the AIC Stock Fund

Question 40

Multiple Choice

You are going to invest in the AIC Stock Fund that has A, B, and C share classes. All share classes have a thirty basis point management fee. The A shares have a five percent front-end load and no annual administrative fee. The B shares have a three percent back-end load and a seventy-five basis point annual administrative fee. The C shares have no load and a one hundred basis point annual administrative fee. If your investment horizon is thirty years, the ___________ shares would be the best alternative.


A) A
B) B
C) C
D) All are the same.
E) Insufficient information.

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