first drop down: do not necessarily & always

second drop down: low-load, no-load, back-end loan and front-end loan

4. Comparing mutual funds Understanding the Costs Involved in Mutual Fund Investments Antonio is debsting purchasing a mutual fund, but he has some questions for his financial advisor, Caroline. The following table presents information on four different open-end mutual funds that Antonio and Caroline are discussing. Use the information in the table to answer the questions that follow. ANTONTO: After some research, t've narrowed it down to these four funds, but can you explain to me the relationshlp between 12b-1 fees and fund performance? CAROLINE. Generally, funds that charge 12b1 fees, such as Mint p, outperform funds that do not charge these fees. ANTONIO: What about frontend load fees? For example, suppose Majtrk has a front-end load fee of 6%, when do I pay this fee? CAROLINE: If you purchase 100 shares of this fund at the NAV, you will pay a commission of but when you sell these shares you will pay in front-end fees. ANTONIOt It sounds uke these fees could start to add up. What's the most I can expect to pay in fees? CaROLINEr If a fund charges a 4% front-end load and a 3% 12-b1 fee, then it can charge a maximum of only of in back-end load Assignment: Chapter 13 Investing in Mutual Funds, ETFs, and Real Estate ANTONIO: After some research, I've narrowed it down to these four funds, but can you explain to me the relationship between 12b1 fees and fund performance? CAROLINE: Generally, funds that charge 12b1 fees, such as MinT D, outperform funds that do not charge these fees. ANTONIO: What about front-end load fees? For example, suppose Majtrk has a front-end load fee of 6%, when do I pay this fee? CAROLINE: If you purchase 100 shares of this fund ot the NAV, you will pay a commission of , but when you sell these shares you will pay in front-end fees. ANTONIO: It sounds like these fees could start to add up. What's the most 1 can expect to pay in fees? CAROLINE+ If a fund charges a 4% front-end load and a 3%12b1 fee, then it can charge a maximum of only % in back-end load charges without violating the cap. ANTONIO: Thanks! This was really helpful, So It sounds like you'd recommend looking for funds whenevedpossible. 4. Comparing mutual funds Understanding the Costs Involved in Mutual Fund Investments Antonio is debsting purchasing a mutual fund, but he has some questions for his financial advisor, Caroline. The following table presents information on four different open-end mutual funds that Antonio and Caroline are discussing. Use the information in the table to answer the questions that follow. ANTONTO: After some research, t've narrowed it down to these four funds, but can you explain to me the relationshlp between 12b-1 fees and fund performance? CAROLINE. Generally, funds that charge 12b1 fees, such as Mint p, outperform funds that do not charge these fees. ANTONIO: What about frontend load fees? For example, suppose Majtrk has a front-end load fee of 6%, when do I pay this fee? CAROLINE: If you purchase 100 shares of this fund at the NAV, you will pay a commission of but when you sell these shares you will pay in front-end fees. ANTONIOt It sounds uke these fees could start to add up. What's the most I can expect to pay in fees? CaROLINEr If a fund charges a 4% front-end load and a 3% 12-b1 fee, then it can charge a maximum of only of in back-end load Assignment: Chapter 13 Investing in Mutual Funds, ETFs, and Real Estate ANTONIO: After some research, I've narrowed it down to these four funds, but can you explain to me the relationship between 12b1 fees and fund performance? CAROLINE: Generally, funds that charge 12b1 fees, such as MinT D, outperform funds that do not charge these fees. ANTONIO: What about front-end load fees? For example, suppose Majtrk has a front-end load fee of 6%, when do I pay this fee? CAROLINE: If you purchase 100 shares of this fund ot the NAV, you will pay a commission of , but when you sell these shares you will pay in front-end fees. ANTONIO: It sounds like these fees could start to add up. What's the most 1 can expect to pay in fees? CAROLINE+ If a fund charges a 4% front-end load and a 3%12b1 fee, then it can charge a maximum of only % in back-end load charges without violating the cap. ANTONIO: Thanks! This was really helpful, So It sounds like you'd recommend looking for funds whenevedpossible