4. Comparing mutual funds Aa Aa 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. NAV 21.77 FUND PwrSLr TOPLA GIDEX P MRGG NET CHG YTD % RET 0.14 5.8 0.37 9.4 35.21 16.32 0.04 2.9 27.81 0.28 8.3 The mutual fund charges a back-end load fee. True or False: You can generally expect funds that charge back-end load fees to outperform funds that do not charge these fees. False True Suppose TopLA has a front-end load fee of 9%. If you purchase 100 shares of this fund at the NAV, you will pay a commission of . If, in one month, you sell the shares, you pay a redemption fee at that time. If you are interested only in funds without any fee, you to use additional online resources to find no-load funds, because using only the quotations as listed in the table, it is to determine the amount of any front-end load fee that the fund may charge. 4. Comparing mutual funds Aa Aa 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. NAV 21.77 FUND PwrSLr TOPLA GIDEX P MRGG NET CHG YTD % RET 0.14 5.8 0.37 9.4 35.21 16.32 0.04 2.9 27.81 0.28 8.3 The mutual fund charges a back-end load fee. True or False: You can generally expect funds that charge back-end load fees to outperform funds that do not charge these fees. False True Suppose TopLA has a front-end load fee of 9%. If you purchase 100 shares of this fund at the NAV, you will pay a commission of . If, in one month, you sell the shares, you pay a redemption fee at that time. If you are interested only in funds without any fee, you to use additional online resources to find no-load funds, because using only the quotations as listed in the table, it is to determine the amount of any front-end load fee that the fund may charge