Question: What is a load fund?

What is a load fund?

Step by Step Solution

★★★★★

3.36 Rating (174 Votes )

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock

A load fund charges a fee for accepting investments The fees may be at the beginning o... View full answer

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

Document Format (1 attachment)

Word file Icon

195-B-F-F-M (1494).docx

120 KBs Word File

Students Have Also Explored These Related Finance Questions!

Q:

What is the difference between a load fund and a no-load fund? Is the argument that load funds are more closely managed and therefore have higher returns supported by the evidence presented in Table?

Q:

What is the difference between a load fund and a no-load fund? What are the advantages of each type? What is a 12(b)-1 fund? Can such a fund operate as a no-load fund?

Q:

What is the difference between a load fund and a no-load fund? Is the argument that load funds are more closely managed and therefore have higher returns supported by the evidence presented in Table...

Q:

The Mutual Fund Concept: A mutual fund is a type of financial services organization that receives money from a pool of shareholders and then invests those funds in a portfolio of securities. The...

Q:

The Mutual Fund Concept: A mutual fund is a type of financial services organization that receives money from a pool of shareholders and then invests those funds in a portfolio of securities. The...

Q:

You must choose between a no-load, open-end mutual fund with an annual expense ratio of 0.85 percent but no transaction cost or an ETF with an annual expense ratio of 0.25 percent and a transaction...

Q:

Consider the three mutual funds below with different front - end loads. You wish to purchase $ 4 , 0 0 0 of one fund. Load NAV High - Load Fund 5 % $ 4 0 Low - Load Fund 2 % $ 4 0 No - Load Fund 0 %...

Q:

A) What are the offer prices on each fund? The offer price of the high load fund is \$ . The offer price of the low load fund is \$ - The offer price of the no load fund is $ Round your answers to 4...

Q:

objective risk excepr: O All fthe following are methods used by ingurance are methods used by insurance companies to A. safety education programs. C. investment in investment grade securities only D....

Q:

If you sell shares in a mutual fund for more than their initial purchase price, including any transaction costs, you will have received a(n) a. current income distribution. b. capital gain. c....

Q:

Describe the key characteristics of Type 1, Escaping to Something New.

Q:

1) DP Architects International, a firm that specializes in artistic architecture on large infrastructures is evaluating the feasibility of a project that will entail an investment of $1,500,000. You,...

Q:

32. LO.2 On July 1, 2009, Rex purchases a new automobile for $40,000. He uses the car 80% for business and drives the car as follows: 8,000 miles in 2009, 19,000 miles in 2010, and 20,000 miles in...

Q:

Why is it important to know how an industry is segmented?

Q:

19. A bank issues a $3 million commercial mortgage with a nominal APR of 8%. The loan is fully amor- tized over ten years, requiring monthly payments. The bank plans on selling the loan after two...

Q:

20. Assume the bank in the previous question partially hedges the mortgage by selling three 10-year T-note futures contracts at a price of 100 20/32. Each con- tract is for $1,000,000. After two...

Q:

21. Springer County Bank has assets totaling $180 mil- lion with a duration of five years, and liabilities totaling $160 million with a duration of two years. Bank management expects interest rates...

Q:

Please show work The cost of preferred stock Firms Chat carry preferred stock In their capital mix want to not only distribute dividends Co common stockholders but also maintain credibility in the...

Q:

In the hit song "How 'Ya Gonna Keep 'Em Down on the Farm" we listened to this week, Who is hard to keep down on the farm? O The livestock who keep escaping due to poor fencing. O The livestock who...

Q:

Quantitative Problem: Bellinger Industries is considering two projects for inclusion in its capital budget, and you have been asked to do the analysis. Both projects' after-tax cash flows are shown...