The difference between a load fund and a no-load fund is that:
A) no-load funds do not charge commissions, and are sold directly by the investment company.
B) load funds do not charge commissions, and are sold directly by the investment company.
C) no-load funds charge higher commissions than load funds.
D) no-load funds charge lower commissions than load funds.
Correct Answer:
Verified
Q67: Which of the following is not a
Q68: Mutual funds have several disadvantages. Which of
Q69: Exchange-Traded Funds offer the investor many advantages
Q70: A fund is set up to charge
Q71: A fund is set up to charge
Q72: When you buy a mutual fund, you:
A)may
Q73: The growth fund category of funds would
Q74: A characteristic of a closed-end fund is
Q75: One disadvantage of investing through mutual funds
Q76: The Hirt & Block mutual fund has
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents