The _____ fee is a fee levied by an investment company when a investor sells back to the investment company within a specified period of time after the purchase.

Question

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The redemption fee is charged when an investor sells back to the investment company within a specified period of time after the purchase. Option A, distribution fee, is a fee charged by mutual funds to cover their marketing and sales expenses. Option B, operating expense, is a fee that covers the costs of running an investment fund. Option C, administrative fee, is a fee that covers the costs of administrative activities such as record-keeping and accounting.

The _____ Fee Is a Fee Levied by an Investment