Which of the following observations is true of a no-load fund?
A) Purchase is subject to a sales charge.
B) Sales charges may be as high as 8.5 percent.
C) They market shares of the fund directly to investors.
D) They use sales agents.
E) They have up-front commission charges.
Correct Answer:
Verified
Q82: Which of the following is the primary
Q83: The net asset value of a mutual
Q84: The largest proportion of assets of money
Q85: The largest asset category of mutual funds
Q86: The front-end load on these type of
Q88: For individual investors purchasing exchange traded funds
Q89: The practice that involves short-term trading of
Q90: As a result of illegal and abusive
Q91: What agency acts as the distributor or
Q92: The type of abusive activity that involves
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