A fee that is charged at the time mutual fund shares are purchased by an investor is called a:

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A front-end load is a fee that is charged at the time mutual fund shares are purchased by the investor. Option A is incorrect as a contingent deferred sales charge is a fee that is charged when the investor sells their mutual fund shares within a certain timeframe. Option B is incorrect as a 12b-1 fee is an annual fee charged to cover a mutual fund's marketing and distribution costs. Option C is incorrect as a back-end load is a fee that is charged when the investor sells their mutual fund shares. Option E is incorrect as an issuance charge is not a common fee associated with mutual funds.

A Fee That Is Charged at the Time Mutual Fund