A 12b-1 plan allows funds to
A) charge a redemption fee.
B) deduct 7 to 8 percent commission at the initial offering.
C) deduct .75 percent of the average net assets per year.
D) charge a contingent deferred sales load.
E) switch from closed-end to open-end.
Correct Answer:
Verified
Q39: Convertible arbitrage hedge funds profit from disparities
Q40: The closed-end fund index is
A) value weighted
Q41: Funds that adjust the asset allocation weights
Q42: The market price of a closed-end investment
Q43: A money market fund would be likely
Q45: In the case of closed-end investment companies,
Q46: The gross return of closed-end investments companies
Q47: When the offer price and the NAV
Q48: Investment companies or mutual funds that continue
Q49: A mutual fund typically performs all of
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