Jane Ramirez owns shares in the Touchstone Small Cap fund that have a current value of $31,300.

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Jane Ramirez owns shares in the Touchstone Small Cap fund that have a current value of $31,300. The fund charges an annual 12b-1 fee of 0.25 percent. What is the amount of the 12b-1 fee Ms.

Ramirez must pay?

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ISBN: 9781264101597

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Authors: Jack Kapoor, Les Dlabay, Robert Hughes, Melissa Hart

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Question Posted: Nov 12, 2023 02:48 AM

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Jane Ramirez owns shares in the Touchstone Small Cap fund that have a current value of $31,300.

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To calculate the 12b1 fee we multiply the current ...View the full answer

Personal Finance

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