Peter Wong, a dealing representative, is preparing for his upcoming meeting with long-time client Jacob Blander. Peter notices that the deferred sales charges (DSC) on the funds he sold Jacob five years ago have now matured. A switch to a front-end-load version of these same funds would double Peter’s trailer fee. There would be no cost to Jacob to make these changes. Should Peter recommend this trade to Jacob? Why or why not?

Answer rating: 100% (QA)

1 In this instance Peter should advise Jacob to engage in this trade P... View the full answer