Question
#1 The Bruin Stock Fund sells Class A shares that have a front-end load of 6.1 percent, a 12b-1 fee of 0.23 percent, and other
#1
The Bruin Stock Fund sells Class A shares that have a front-end load of 6.1 percent, a 12b-1 fee of 0.23 percent, and other fees of 0.66 percent. There are also Class B shares with a 5 percent CDSC that declines 1 percent per year, a 12b-1 fee of 1.13 percent, and other fees of 0.75 percent. Assume the portfolio return is 10 percent per year. What is the difference in values of $1 invested in each share class if your investment horizon is 3 years? ( = Value of Class A - Value of Class B)
#2
The Bruin Stock Fund sells Class A shares that have a front-end load of 6.6 percent, a 12b-1 fee of 0.23 percent, and other fees of 0.61 percent. There are also Class B shares with a 5 percent CDSC that declines 1 percent per year, a 12b-1 fee of 1.17 percent, and other fees of 0.5 percent. Assume the portfolio return is 12 percent per year.What is the difference in values of $1 invested in each share class if your investment horizon is 22 years? ( = Value of Class A - Value of Class B)
(Round your answer to 2 decimal places. Omit the "$" sign in your response.)
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