Question: No - loads charge no sales fee because: Question 1 6 options: 1 ) they are legally prohibited from doing so . 2 ) they

No-loads charge no sales fee because:
Question 16 options:
1)
they are legally prohibited from doing so.
2)
they charge a redemption fee instead.
3)
they have no sales force.
4)
they charge a 12b-1 fee instead.

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 Finance Questions!

Q:

9 No-loads charge no sales fee because: A. they are legally prohibited from doing so. B. they charge a 12b-1 fee instead. C. they charge a redemption fee instead. D. they have no sales force.

Q:

Which one of the following describes a fund with minimum and maximum weighting restrictions in each asset class and the portfolio manager's main objective is to provide a combination of safety,...

Q:

26-33 26. Which of the following is a major objective of unit investment trusts? a. capital preservation c. current income b. capital gains d. tax deferment 27. Which of the following ETF's (exchange...

Q:

Tax Return #3Schedule A John and Susie Ryan are married and file a joint return. John's social security number is 412-34-5670 and his date of birth is May 12, 1976. Susie's social security number is...

Q:

Tax Return #3Schedule A John and Susie Ryan are married and file a joint return. John's social security number is 412-34-5670 and his date of birth is May 12, 1976. Susie's social security number is...

Q:

Tax Return #3Schedule A John and Susie Ryan are married and file a joint return. John's social security number is 412-34-5670 and his date of birth is May 12, 1976. Susie's social security number is...

Q:

Tax Return #3Schedule A John and Susie Ryan are married and file a joint return. John's social security number is 412-34-5670 and his date of birth is May 12, 1976. Susie's social security number is...

Q:

Hi I need these answers urgently. 1. 2. 3. 4. Question 5 (1 point) Which of the following types of costs is NOT applicable to purchase/sale of mutual funds that are set up as open-ended trusts?...

Q:

Requirements 1. The report is at least five pages long, and please follow APA formatting. 2. Include your name, section, and student ID on the title page. 3. In the report, you should include the...

Q:

Requirements 1. The report is at least five pages long, and please follow APA formatting. 2. Include your name, section, and student ID on the title page. 3. In the report, you should include the...

Q:

Rose Hospital has two service departments (building services and food service), and three patient care units (intensive care, surgery, and general medicine). Building Services provides janitorial,...

Q:

What type of motions are involved in secondary circular reactions? a. unique and directed toward no specific target b. unique and directed toward the infant's own body c. repetitive and directed...

Q:

Do you think the zoo makes more income on admission or concessions?

Q:

What are some food related health care issues that inner cities are more likely to see than more affluent areas? Why are certain areas most likely to experience inadequate healthy food options than...