The commission charged when shares of an open-end mutual fund are purchased is called a
A) management fee.
B) back-end load.
C) front-end load.
D) 12(b) -1 fee.
Correct Answer:
Verified
Q27: A closed end fund is selling at
Q28: Like closed-end funds, ETFs can sell at
Q29: Back-end loads
A) are charged when an investor
Q30: Hedge funds are a type pf mutual
Q31: Like ordinary stocks, exchange -traded funds (ETFs)
Q33: Which of the following characteristics apply to
Q34: A closed-end fund with an NAV of
Q35: Advantages that ETFs have over funds that
Q36: The net asset value of a mutual
Q37: An open-end investment company
A) is involved in
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