Two decades ago, sales charges on mutual funds were related to the manner of distribution. Which of the below types characterize the two types of distribution?

Question

Quizplus · Accepted Answer

Sales charges on mutual funds two decades ago were related to how they were distributed, either through a sales force (where advisors sell the funds directly to investors, often incurring a sales charge) or direct (where investors buy the funds directly from the fund company without a sales intermediary, often avoiding a sales charge).

Two Decades Ago, Sales Charges on Mutual Funds Were Related