Use this information to answer the following questions.
$$\begin{array} { l l l c c }
\text { NAV } & \text { Fund Name } & \text { Inv. Obj. } & \text { Max Init. Chrg. } & \text { Exp. Ratio } \
\hline 10.28 & \text { Fund A } & \text { Growth } & 4.75 & 0.95 \
11.88 & \text { Fund B } & \text { Aggr. Gro. } & 0.00 & 1.50 \
10.22 & \text { Fund C } & \text { Income } & 6.50 & 0.86 \
16.04 & \text { Fund D } & \text { Income } & 1.00 & 1.00
\end{array}$$ (a) Which fund does NOT charge a front-end load?
(b) Which fund can best be described as a low-load fund?
(c) What can you say about Fund B with respect to the type of investments it most likely holds?
(d) If you want to buy a fund and hold it for five years, which one of these funds should you purchase based on fund costs? Assume the funds earn a positive rate of return each year.

Question

Use this information to answer the following questions.
 $$\begin{array} { l l l c c } 
\text { NAV } & \text { Fund Name } & \text { Inv. Obj. } & \text { Max Init. Chrg. } & \text { Exp. Ratio } \
\hline 10.28 & \text { Fund A } & \text { Growth } & 4.75 & 0.95 \
11.88 & \text { Fund B } & \text { Aggr. Gro. } & 0.00 & 1.50 \
10.22 & \text { Fund C } & \text { Income } & 6.50 & 0.86 \
16.04 & \text { Fund D } & \text { Income } & 1.00 & 1.00
\end{array}$$ (a) Which fund does NOT charge a front-end load?
(b) Which fund can best be described as a low-load fund?
(c) What can you say about Fund B with respect to the type of investments it most likely holds?
(d) If you want to buy a fund and hold it for five years, which one of these funds should you purchase based on fund costs? Assume the funds earn a positive rate of return each year.

Quizplus · Accepted Answer

The Answer of Use this information to answer the following questions.
 $$\begin{array} { l l l c c } 
\text { NAV } & \text { Fund Name } & \text { Inv. Obj. } & \text { Max Init. Chrg. } & \text { Exp. Ratio } \
\hline 10.28 & \text { Fund A } & \text { Growth } & 4.75 & 0.95 \
11.88 & \text { Fund B } & \text { Aggr. Gro. } & 0.00 & 1.50 \
10.22 & \text { Fund C } & \text { Income } & 6.50 & 0.86 \
16.04 & \text { Fund D } & \text { Income } & 1.00 & 1.00
\end{array}$$ (a) Which fund does NOT charge a front-end load?
(b) Which fund can best be described as a low-load fund?
(c) What can you say about Fund B with respect to the type of investments it most likely holds?
(d) If you want to buy a fund and hold it for five years, which one of these funds should you purchase based on fund costs? Assume the funds earn a positive rate of return each year.

Use This Information to Answer the Following Questions (A) Which Fund Does NOT Charge a Front-End Load? (B)

Use This Information to Answer the Following Questions (A) Which Fund Does NOT Charge a Front-End Load?
(B)