Attempts 1 Keep the Highest 1/4 4. Comparing mutual funds 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 GbExp 18.32 0.01 3.2 IntRA 29.77 0.11 6.1 GMAR 27.81 0.25 8.6 TopLA 43.21 0.34 9.7 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. True O False 1. If, 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 $ in one month, you sell the shares, you pay a redemption fee at that time, 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. True False If, 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 $ 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 the quotations as listed in the table, it is 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. Grade It Now Save & Continue Continue without saving Attempts 1 Keep the Highest 1/4 4. Comparing mutual funds 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 GbExp 18.32 0.01 3.2 IntRA 29.77 0.11 6.1 GMAR 27.81 0.25 8.6 TopLA 43.21 0.34 9.7 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. True O False 1. If, 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 $ in one month, you sell the shares, you pay a redemption fee at that time, 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. True False If, 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 $ 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 the quotations as listed in the table, it is 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. Grade It Now Save & Continue Continue without saving