Question: SEC Rule 1 2 b - 1 allows managers of certain funds to deduct expenses from fund assets; however, these expenses may not exceed q

SEC Rule 12b-1 allows managers of certain funds to deduct expenses from fund assets; however, these expenses may not exceed q, of the fund's average net assets per year.
marketing; 1%
marketing; 5%
administrative; 0.50%
administrative; 2%
SEC Rule 1 2 b - 1 allows managers of certain

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