No-load funds with 12b-1 fees are able to charge their existing shareholders for marketing expenses.
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Q19: The "load" fee charged by a mutual
Q20: Investment companies pay no taxes on their
Q21: A high beta coefficient for a mutual
Q22: An exit fee (e.g., 3 percent)has the
Q23: Mutual funds report their returns on a
Q25: Mutual funds reduce unsystematic risk but not
Q26: The Jensen index compares actual performance to
Q27: High tax efficiency suggests that a fund's
Q28: Acquiring shares in no load funds is
Q29: An index fund seeks to duplicate an
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