An investor incurred a range of charges across their portfolio of collective investments.

Charge 1 was a preliminary charge of 62

Charge 2 was a dilution levy of E 18

Charge 3 was a performance fee of & 620

Charge 4 was an annual management charge of 0.75%

Which of the following statements is true?

1. Only Charge 1 is normally described as a back end load
2. Charge 2 indicates that the related investment is a single-priced fund

C. Only Charge 3 is normally described as a frontend load

D. Charge 4 indicates that the related investment is an open-ended fund