Question: An investor is considering making a large mutual fund purchase and wants to reduce the sales charge by taking advantage of breakpoints. Which of the
An investor is considering making a large mutual fund purchase and wants to reduce the sales charge by taking advantage of breakpoints. Which of the following allows the investor to qualify for a reduced sales charge by combining the value of existing fund holdings with the current purchase?
A
Letter of intent
B
Rights of accumulation
C
Frontend load
D
Contingent deferred sales charge
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