DROP DOWN-OPTIONS

1. (MRGG / MinT / TopLA / TmRE)

2. (will also / will not)

3. (will need / do not need)

4. (impossible / very easy)

THIS IS ALL THE INFORMATION GIVEN TO YOU ON THIS QUESTION!!

Show transcribed image text

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 2.6 MinT p 12.32 -0.04 5,5 TMRE r 15.77 0,06 8.0 MRGG 39.81 0,20 43.21 0.29 TopLA 9.1 charges a back-end load fee. The mutual fund True or False: You can generally expect funds that charge back-end load fees to outperform funds that do not charge these fees. O True O False . If, Suppose TopLA has a front-end load fee of 8%. If you purchase 100 shares of this fund at the NAV, you will pay a commission of $ pay a redemption fee at that time in one month, you sell the shares, you 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