A mutual fund cannot charge more than 6.5 percent in total sales charges and fees.

Question

Quizplus · Accepted Answer

There is no fixed limit on the sales charges and fees that mutual funds can charge. The amount of fees and charges vary from fund to fund and are generally disclosed in the fund's prospectus. However, mutual funds are required to disclose their fees and expenses, including sales charges, in their prospectus and other public disclosures.

A Mutual Fund Cannot Charge More Than 6