Question: What is the primary difference between a load fund and a no-load fund? What is a back-end load? A 12b-1 fee?

What is the primary difference between a load fund and a no-load fund? What is a back-end load? A 12b-1 fee?

Step by Step Solution

★★★★★

3.39 Rating (168 Votes )

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock

A load fund charges a sales commission to purchase and sometimes to sell shares A noload mutua... 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

667-B-C-F-G-F (2793).docx

120 KBs Word File

Students Have Also Explored These Related Corporate Finance Questions!

Q:

What is the primary difference between a sales tax and a value-added tax?

Q:

What is the primary difference between a time-series model and an associative model?

Q:

What is the primary difference between a static budget and a flexible budget?

Q:

Use the mutual fund quotes in table below, and assume that you can buy these funds at their quoted net asset values EXHIBIT 13.4 Mutual Fund Quotes Open-end mutual funds are listed separately from...

Q:

Financial Planning Exercise 1 Estimating cost of mutual fund investments Use the mutual fund quotes in table below, and assume that you can buy these funds at their quoted net asset values EXHIBIT...

Q:

The difference between a load fund and a no-load fund is that: a no-load funds do not charge commissions, and are sold directly by the investment company. load funds do not charge commissions, and...

Q:

3. In the table below, indicate the typical charges for a mutual fund. Fee Load fund No-load fund Contingent deferred sales load Management fee 12b-1 fee Typical Charge

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:

37 periods of hiph short-term interest rates. A) Index funds B) Balanced funds C) Mutual stock funds D) Money market funds 38. The major benefit of diversifcation is to: A) Increase the expected...

Q:

The difference between a load fund and a no-load fund is that: Select one: a. no-load funds do not charge commissions, and are sold directly by the investment company. b. load funds do not charge...

Q:

Gomez Company reports the following amounts for 2017: Net income 160,000 Average shareholders equity 2,000,000 Preference dividends 45,000 Par value preference shares 250,000 The 2017 rate of return...

Q:

For 2014, Fielder Industries Inc. initiated a sales promotion campaign that included the expenditure of an additional $40,000 for advertising. At the end of the year, Leif Grando, the president, is...

Q:

Return to problem 10.25. on page 378 regarding petrol prices. At the 0.01 level of significance, is there evidence that prices are significantly higher on a public holiday (Friday)?

Q:

Suppose that Charlies Pizzeria in Kalamazoo, Michigan, employs 10 employees at a wage level of $8 per person. All other costs (ovens, rent, advertising, return to capital) total $40 per hour, and the...

Q:

In Regardless of Your Major: Conflicting Objectives Lead to Problems in Managing a Firm's Working Capital on page 578, we learned that the objectives of a firm's sales force and the goal of...

Q:

What is a firm's net working capital, and how is it related to the current ratio and the firm's overall liquidity?

Q:

What is the risk-return tradeoff that arises when a firm manages its working capital?

Q:

(present value of an uneven stream of payments) You are given three investment alternatives to analyze. The cash flows from these three investments are as follows: Investment End of Year A B C 1...

Q:

Round Stic M Part II: Problems (50%). You MUST show me all details of your work. Simply giving me one number is NOT acceptable and receives 0, whether or the number you give is correct. 1. Consider a...

Q:

____ is an organization created to oversee the monetary and exchange rate policies of its members who pay quotas that are used to assists countries with temporary imbalances in their balance of...