4. Comparing mutual funds 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. NAV NET CHG FUND MinTp YTD % RET 3.0 17:32 0.03 TMRE 15.77 0.13 5.9 GMAR 40.81 0.27 8.4 BRRT 39.21 0.36 9.5 The mutual fund charges a 12-1 fee. True or False: You can generally expect funds that charge 125-1 fees to outperform funds that do not charge these fees. True @ False Suppose BRRT has a front-end load fee of 7%. If you purchase 100 shares of this fund at the NAV, you will pay a commission of 5 in one month, you sell the shares, you pay a redemption fee at that time. If you are interested only in funds without any fee, you the quotations as listed in the table, it is to use additional online resources to find no-load funds, because using only to determine the amount of any front-end load fee that the fund may charge. Grade It Now Save & Continue Continue without saving 0357033612 655.docx image2 (1).jpeg image1 (4).jpeg imageo (4).jpeg 63F Sunny 4. Comparing mutual funds 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. NAV NET CHG FUND MinTp YTD % RET 3.0 17:32 0.03 TMRE 15.77 0.13 5.9 GMAR 40.81 0.27 8.4 BRRT 39.21 0.36 9.5 The mutual fund charges a 12-1 fee. True or False: You can generally expect funds that charge 125-1 fees to outperform funds that do not charge these fees. True @ False Suppose BRRT has a front-end load fee of 7%. If you purchase 100 shares of this fund at the NAV, you will pay a commission of 5 in one month, you sell the shares, you pay a redemption fee at that time. If you are interested only in funds without any fee, you the quotations as listed in the table, it is to use additional online resources to find no-load funds, because using only to determine the amount of any front-end load fee that the fund may charge. Grade It Now Save & Continue Continue without saving 0357033612 655.docx image2 (1).jpeg image1 (4).jpeg imageo (4).jpeg 63F Sunny