At issue, offering prices of open-end funds will often be

Name: At issue, offering prices of open-end funds will often be
Brand: Quizplus
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Question

Quizplus · Accepted Answer

The offering prices of open-end funds are typically higher than the net asset value (NAV) because of the sales charge or load that is added to cover the costs of distribution and marketing. This means that investors typically pay a premium to invest in these funds which is reflected in the offering price being greater than NAV.

At Issue, Offering Prices of Open-End Funds Will Often Be