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Understanding the Costs Involved in Mutual Fund Investments The following table presents information on four different o
Posted: Fri Jul 01, 2022 7:47 am
by answerhappygod
- Understanding The Costs Involved In Mutual Fund Investments The Following Table Presents Information On Four Different O 1 (59.11 KiB) Viewed 46 times
Understanding the Costs Involved in Mutual Fund Investments The following table presents information on four different open-end mutual funds. Use the information in the table to answer the
questions that follow. FUND NAV NET CHG YTD % RET Mint p 17.32 3.0 TmRE r 15.77 5.9 GMAR 40.81 8.4 BRRT 39.21 9.5 The mutual fund MinT TmRE GMAR 0.03 0.13 0.27 0.36 charges a 12b-1 tee. BRRT True or False: You can generally expect funds that charge 12b-1 fees to outperform funds that do not charge these fees. True O False Suppose BRRT has a front-end load tee of 7%. If you purchase 100 shares of this fund at the NAV, you will pay a commission of $ will not in one month, you sell the shares, you pay a redemption fee at that time. will need will also If you are interested only in funds without any fee, you the quotations as listed in the table, it is very easy mpossible . It, do not need to use additional online resources to find no-load funds, because using only to determine the amount of any front-end load fee that the fund may charge.