To Cover Managerial Expenses, Mutual Funds Typically Charge

To cover managerial expenses, mutual funds typically charge

A) management fees of less than 2 percent of total assets per year.
B) commissions of typically 8 to 10 percent of transaction market value per year.
C) management fees of typically more than 10 percent of total assets per year.
D) commissions of typically 3 to 5 percent of the transaction market value per year.