Question: Two mutual funds are displayed in the table below. Fund A has a load whilst fund B has a back-end load. For both Fund A

Two mutual funds are displayed in the table below. Fund A has a load whilst fund B has a back-end load. For both Fund A and Fund B, calculate

i) the number of shares purchased one year ago with $10,000

n


ii. the total profit in credits for the year.

Load Fund A Front-end load of 3% Fund B Back-end load of


Load Fund A Front-end load of 3% Fund B Back-end load of 2% NAV 1 year Ago 10.23 23.45 NAV Today 11.25 25.79

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