4. Comparing mutual funds Aa Aa Understanding the Costs Involved in Mutual Fund Investments The following table presents information on four different open-end mutual funds. Use the information in the table to answer the questions that follow FUND BRRT PwrSL r GlbEx p GMAR NAV 41.21 20.77 15.32 33.81 NET CHG 0.31 0.08 -0.02 0.22 YTD% RET 9.2 5.6 2.7 8.1 The mutual fund charges a back-end load fee True or False: You can generally expect funds that charge back-end load fees to outperform funds that do not charge these fees. True O False Suppose BRRT has a front-end load fee of 8%. If you purchase 100 shares of this fund at the NAV, you will pay a commission of time. If, in one month, you sell the shares, you pay a redemption fee at that If you are interested only in funds without any fee, you no-load funds, because using only the quotations as listed in the table, it is of any front-end load fee that the fund may charge to use additional online resources to find to determine the amount 4. Comparing mutual funds Aa Aa Understanding the Costs Involved in Mutual Fund Investments The following table presents information on four different open-end mutual funds. Use the information in the table to answer the questions that follow FUND BRRT PwrSL r GlbEx p GMAR NAV 41.21 20.77 15.32 33.81 NET CHG 0.31 0.08 -0.02 0.22 YTD% RET 9.2 5.6 2.7 8.1 The mutual fund charges a back-end load fee True or False: You can generally expect funds that charge back-end load fees to outperform funds that do not charge these fees. True O False Suppose BRRT has a front-end load fee of 8%. If you purchase 100 shares of this fund at the NAV, you will pay a commission of time. If, in one month, you sell the shares, you pay a redemption fee at that If you are interested only in funds without any fee, you no-load funds, because using only the quotations as listed in the table, it is of any front-end load fee that the fund may charge to use additional online resources to find to determine the amount