Question
An investor invests $200,000 in a mutual fund that has a 5.1 percent front-end load, charges a management fee of 0.4 percent, and a 12b-1
An investor invests $200,000 in a mutual fund that has a 5.1 percent front-end load, charges a management fee of 0.4 percent, and a 12b-1 fee of 0.25 percent. The investor plans to leave the investment for one year.
What is the dollar amount of the total shareholder cost?
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Financial Analysis With Microsoft Excel
Authors: Timothy R. Mayes
9th Edition
0357442059, 9780357442050
