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Which of the Following Funds Can an Agent Indicate Is

Question 217

Multiple Choice

Which of the following funds can an agent indicate is "no load?"


A) a fund with no front-end or back-end load that has 12b-1 fees equal to 0.30% of the average net assets of the fund.
B) a fund with no front-end load that has 12b-1 fees equal to 0.10% of the average net assets of the fund and a rear-end load that varies depending on how long the investor has held the shares.
C) a fund with no front-end or back-end load that has 12b-1 fees equal to 0.25% of the average net assets of the fund.
D) Both A and C can be advertised as "no load" funds.

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