When the offering price and the NAV are the same, you know that a mutual fund is not charging which one of the following fees?

Question

Quizplus · Accepted Answer

The front-end load is a fee charged by mutual funds at the time of purchase, and it is calculated as a percentage of the offering price. If the offering price and NAV are the same, it means that there is no front-end load. The other fees listed, such as the management fee, 12b-1 fee, and contingent deferred sales charge, are not based on the offering price or NAV, but rather on the assets under management or the length of time that the investor holds the fund. Trading costs are not directly charged by the mutual fund, but they may indirectly impact the NAV.

When the Offering Price and the NAV Are the Same