Question: A no-load fund is a mutual fund that has an expense ratio equal to zero. does not charge any load or fees. does not charge

A no-load fund is a mutual fund that

has an expense ratio equal to zero.

does not charge any load or fees.

does not charge a front-end or back-end load.

has an expense ratio that is less than 1 percent.

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Economics Questions!

Q:

Boots, Inc. is a "C" corporation engaged in the shoe manufacturing business. Boots is a calendar year, accrual method taxpayer with two equal shareholders, Emil and Betty, who are unrelated cash...

Q:

What is the best explanation for the recent increase in assets held by mutual funds and other imvestment companies? Increased flow of funds into employer - sponsored plans and IRAs Stock market...

Q:

10 questions Finance and Investments need it in 30 Minutes! The offer price of an open-end fund is $18 and the fund is sold with a front-end load of 5%. What is the fund's NAV? $18.74 $17.10 $15.45...

Q:

A no-load fund is a mutual fund that o does not charge a front-end or back-end load O has an expense ratio equal to zero O has an expense ratio that is less than 1 percent O does not charge any load...

Q:

Assume that you have recently purchased 200 shares in an investment company. Upon examining the balance sheet, you note that the firm is reporting $200 million in assets, $70 million in liabilities,...

Q:

Which of the following mutual fund fees/expenses are assessed annually? I. operating expenses (expense ratio) II. 12b1 fees III. front-end load IV. back-end load I. and II. only I., II., and III....

Q:

QUESTION 18 Kingston is considering investing in one of several mutual funds, all of which have various permutations and combinations of from end loads, back-end loads, and/or expense ratios. The...

Q:

Perform conceptual design for the following case. You must turn in a CROWs FOOT ER diagram developed in VISIO. You may include, in your CROWs FOOT ER Diagram, specifications that include additional...

Q:

Assume you are trying to decide between a mutual fund with assets that are expected to grow in value 8 % a year over the next 5 years and a CD that promises a 5 % annual return over the same time...

Q:

1. Assume that Fund A charges a front-end load of 6%, an expense ratio of 0.4% and no 12b-1 fees. Assume that Fund B charges no front-end load, 12b-1 fees of 0.5% an expense ratio of 1% and back-end...

Q:

The Bruin Stock Fund sells Class A shares that have a front-end load of 5.3 percent, a 12b-1 fee of 0.32 percent, and other fees of 1 percent. There are also Class B shares with a 5 percent CDSC that...

Q:

Consider a hypothetical case in which the charge on a proton is twice that of an electron. Using this hypothetical case, and the fact that atoms maintain a charge of 0, how many protons, neutrons,...

Q:

Ellen catering acquires a delivery truck at a cost of $36,000.The truck is expected to have a salvage value of $2,000 at the end of its four-year useful life. Compute annual depreciation for the...

Q:

Calculate the derivative o f the following function. y = 4 x 6 + s e c ( 5 x ) 7 d y d x =

Q:

Nevada's Manufacturing paid cash to purchase the assets of an existing company. Among the assets purchased were the following items. Patent with 5 remaining years of legal life ...... $32,000...

Q:

Trading Securities Entries on December 21, 2010, Zurich Company provided you with the following information regarding its trading securities. During 2011, Carolina Company stock was sold for $9,500....

Q:

Commercial Construction Company purchased a forklift for $115,000 cash. It had an estimated useful life of four years and a $5,000 salvage value . At the beginning of the third year of use, the...

Q:

Changes in various accounts and gains and losses on the sale of assets during the year for Argon Company are given below: Required: Prepare an answer sheet using the following column headings: For...

Q:

Island Novelties, Inc., of Palau makes two products, Hawaiian Fantasy and Tahitian Joy. Present revenue, cost, and sales data for the two products follow: Fixed expenses total $475,800 per year. The...

Q:

Write a program to wish happy birthday to a student. Firstly, take today month and day as an input and secondly take birthday as an input in the form of month and day. If the input day and month...

Q:

How easy the information is to remember

Q:

The personal characteristics of the sender

Q:

The quality of the argumentation