For a mutual fund,the annual management fee is a fixed percentage of the fund's total liabilities.
Correct Answer:
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Q2: A mutual fund that provides tax-free interest
Q3: Class C shares,with their ongoing higher 12b-1
Q4: A load fund is a mutual fund
Q5: Because of professional management,there is no need
Q6: Investors in an open-end fund are free
Q8: You should consider your tolerance for risk
Q9: When you invest in Class A shares,you
Q10: Today,there are more investment companies that offer
Q11: Investors 72 years or older are less
Q12: Mutual funds that invest in smaller,lesser-known companies
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