The Investments Fund sells Class A shares with a front-end load of 5.5% and Class B shares with 12b-1 fees of 0.5% annua
Posted: Wed Jul 06, 2022 6:44 pm
The Investments Fund sells Class A shares with a front-end loadof 5.5% and Class B shares with 12b-1 fees of 0.5% annually as wellas back-end load fees that start at 5% and fall by 1% for each fullyear the investor holds the portfolio (until the fifth year).Assume that you have $1,000 to invest and the portfolio rate ofreturn net of operating expenses is 15% annually.
1. If you invest in each fund and sell after 4 years, how muchwill you receive from each sale?
2.If you invest in each fund and sell after 14 years, how muchwill you receive from each sale?
1. If you invest in each fund and sell after 4 years, how muchwill you receive from each sale?
2.If you invest in each fund and sell after 14 years, how muchwill you receive from each sale?