a)UOB Greater-China fund sells Class A shares with a front-end load of 8% and no expense ratio and Class B Shares with an expense ratio of 2% annually charged on end of year asset values. If you plan to sell the fund after 4 years, are Class A or Class B shares the better choice? Assume assets of the fund grows 10% annually, and no distributions are paid to investors.

Class A

Class B

There is no difference.

There is insufficient information given.

b)Citibank U.S. Growth fund sells Class A shares with a front-end load of 3% and back-end load of 7% and no expense ratio and Class B Shares with an expense ratio of 2% annually, charged on end of year asset values. Assume assets of the fund grows 10% annually, and no distributions are paid to investors. If you plan to sell the fund after 4 years, are Class A or Class B shares the better choice?

		Class A
		Class B
		There is no difference.
		There is insufficient information given.