Dmitri is debating purchasing a mutual fund, but he has some questions for his financial advisor, Frances. The following table presents information on four different open-end mutual funds that Dmitri and Frances are discussing. Use the information in the table to answer the questions that follow. FUND NAV NET CHG YTD % RET 2.6 GbExp 12.32 -0.04 PwrSL 15.77 0.06 5.5 GMAR 0.20 8.0 39,81 43.21 TOPLA 0.29 9.1 DMITRI: After some research. I've narrowed it down to these four funds, but can you explain to me the relationship between 125-1 fees and fund performance? FRANCES: Generally, funds that charge 125-1 feas, such as GbEx P. outperform funds that do not charge these fees. always DMITRI: What about front-end load fees? For example, suppose Topu d fee of 6%, when do I pay this fee? do not necessarily FRANCES: If you purchase 100 shares of this fund at the NAV, you will pay Corrorrof S but when you sell these shares you will pay s in front-end fees. DMITRI: After some research, I've narrowed it down to these four funds, but can you explain to me the relationship between 126-1 fees and fund performance? FRANCES: Generally, funds that charge 1 2b-1 fees, such as GbEx P. outperform funds that do not charge these foes. DMITRI: What about front-end load fees? For example, suppose TopLA has a front-end load fee of 5%, when do I pay this fee? FRANCES: If you purchase 100 shares of this fund at the NAV, you will pay a commission of S you will pay $ in front-end fees. but when you sell these shares no-load DMITRI: It sounds like these fees could start to add up. What's the most I can expect to low-load FRANCES: If a fund charges a 49 front-end load and a 4% 12-b1 fee, then it can chars back-end load bnly in back-end load charges without violating the cap front-end load DMITRI: Thanks! This was really helpful. So it sounds like you'd recommend looking for ! funds whenever possible