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When Selling Shares of an Investment Company to a Client

Question 214

Multiple Choice

When selling shares of an investment company to a client, an agent must provide the client with
I. the fund's prospectus, which provides information on any loads or other fees as well as historical return information.
II. information about any breakpoints if it is a load fund along with an explanation of a letter of intent
III. information regarding the investment adviser used by the fund
IV. an explanation of the various loads and fees outlined in the fund's prospectus


A) I, II, III, and IV
B) I, II, and III only
C) I and II only
D) I, II, and IV only

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