3. Expenses and management of mutual funds Suppose you are considering Investing $30,000 in one of two mutual funds: A or B. Mutual fund A is a load fund that charges 4.00%, while mutual fund B is a no-load fund. If you invest in mutual fund A. your sales charge is s This means that, of your initial $30,000 investment, your actual investment in the load fund is only $ If you invest in mutual fund B, you Incur a sales charge. True or False: The Sec requires that the board of any mutual fund is comprised primarily of employees of that mutual fund. True False Grade It Now Save & Continue Continue without saving 3. Expenses and management of mutual funds Suppose you are considering Investing $30,000 in one of two mutual funds: A or B. Mutual fund A is a load fund that charges 4.00%, while mutual fund B is a no-load fund. If you invest in mutual fund A, your sales charge is $ This means that, of your initial $30,000 investment, your actual investment in the load fund is only s If you invest in mutual fund B, you incur a sales charge. True or False: The SEC requires that the board of any mutual fund is compris will lly of employees of that mutual fund. will not True False Grade It Now Save & Continue Continue without saving