A no-load fund
A) generates tax-free returns.
B) has no sales commission.
C) has an expense ratio of zero.
D) has no management fee.
Correct Answer:
Verified
Q5: A collection of mutual funds managed by
Q6: Regarding closed-end investment companies, all of the
Q7: Most mutual funds are also
A) closed-end investment
Q8: Mutual funds must register with the Securities
Q9: Laws governing the sale of mutual funds
Q11: The effective fee on a fund with
Q12: A back-end load is also called a
A)
Q13: A management fee is paid to the
A)
Q14: A 12b-1 fee
A) permits management to use
Q15: With a load fund,
A) the ask price
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