A 12b-1 plan allows funds to
A) Charge a redemption fee.
B) Deduct 7 to 8 percent commission at the initial offering.
C) Deduct .75 percent of the average net assets per year.
D) Charge a contingent deferred sales load.
E) Switch from closed-end to open-end.
Correct Answer:
Verified
Q12: Closed-end investment companies never sell at discounts
Q13: Open-end and closed-end investment companies are similar
Q25: Market index funds attempt to match the
Q26: All investment companies charge an annual
A) 12b-1
Q27: A common hedge fund strategy known as
Q28: Net asset value (NAV)is determined by
A) The
Q31: The offering price of a load fund
Q33: The closed-end fund index is
A) Value weighted
Q34: The market price of a closed-end investment
Q35: Fund of funds give investors access to
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