Van is debating purchasing a mutual fund, but he has some questions for his financial advisor, Amy. The following table presents information on four different open-end mutual funds that Van and Amy are discussing. Use the information in the table to answer the questions that follow. FUND NAV NET CHG YTD 0% RET Mint p 13.32 -0.04 2.8 PwrsLr 29.77 0.06 5.7 PFIN 37.81 0.20 8.2 BRRT 38.21 0.29 9.3 VAN: After some research, I've narrowed it down to these four funds, but can you explain to me the relationship between 12b-1 fees and fund performance? AMY: Generally, funds that charge 12b-1 fees, such as Mint p, do not necessarily outperform funds that do not charge these fees. VAN: What about front-end load fees? For example, suppose BRRT has a front-end load fee of 6%, when do I pay this fee? $267.46 but when you sell these shares you AMY: If you purchase 100 shares of this fund at the NAV, you will pay a commission of $0.00 in front-end fees. will pay VAN: It sounds like these fees could start to add up. What's the most I can expect to pay in fees? 1.7 % in back-end load AMY: If a fund charges a 4% front-end load and a 2.5% 12-b1 fee, then it can charge a maximum of only charges without violating the cap. VAN: Thanks! This was really helpful. So it sounds like you'd recommend looking for low-load funds whenever possible. Mint p, do not necessarily oppose e do not necessarily oad always SV, you pay o LUMIITTISTOIT Of back-end load Ost I can expect t no-load , then it can chart front-end load only low-load mend looking for low-load funds wheneve Van is debating purchasing a mutual fund, but he has some questions for his financial advisor, Amy. The following table presents information on four different open-end mutual funds that Van and Amy are discussing. Use the information in the table to answer the questions that follow. FUND NAV NET CHG YTD 0% RET Mint p 13.32 -0.04 2.8 PwrsLr 29.77 0.06 5.7 PFIN 37.81 0.20 8.2 BRRT 38.21 0.29 9.3 VAN: After some research, I've narrowed it down to these four funds, but can you explain to me the relationship between 12b-1 fees and fund performance? AMY: Generally, funds that charge 12b-1 fees, such as Mint p, do not necessarily outperform funds that do not charge these fees. VAN: What about front-end load fees? For example, suppose BRRT has a front-end load fee of 6%, when do I pay this fee? $267.46 but when you sell these shares you AMY: If you purchase 100 shares of this fund at the NAV, you will pay a commission of $0.00 in front-end fees. will pay VAN: It sounds like these fees could start to add up. What's the most I can expect to pay in fees? 1.7 % in back-end load AMY: If a fund charges a 4% front-end load and a 2.5% 12-b1 fee, then it can charge a maximum of only charges without violating the cap. VAN: Thanks! This was really helpful. So it sounds like you'd recommend looking for low-load funds whenever possible. Mint p, do not necessarily oppose e do not necessarily oad always SV, you pay o LUMIITTISTOIT Of back-end load Ost I can expect t no-load , then it can chart front-end load only low-load mend looking for low-load funds wheneve