Multiple Choice
Each individual mutual fund hires an investment advisor,generally from the management company,who oversee the particular fund.How is this advisor paid?
A) Hourly
B) Based on a percentage of the commissions charged on an annual basis
C) Based on a percentage of the total value of the fund on an annual basis
D) Annually based on the capital gains realized by the fund
E) None of the above
Correct Answer:

Verified
Correct Answer:
Verified
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