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Claire wants to buy shares in a mutual fund and has narrowed her selection to the following four funds. Answer the questions below to

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Claire wants to buy shares in a mutual fund and has narrowed her selection to the following four funds. Answer the questions below to help assess each fund in terms of the fees each charges. Fund MinT p NAV $15.32 Net Chg. YTD % Ret. -0.05 2.5 IntRA r $18.77 0.05 5.4 MRGGr $27.81 0.19 7.9 Majtrk $45.21 0.28 9.0 ru Suppose MajTrk charges a commission of 8%. This shares, only $ an example of a relatively low-load fund. If Claire purchases $4,000 worth of Majtrk will actually be invested. This means that the commission-as a percentage of the amount invested-is equal to The mutual fund Mint pis a no-load fund that imposes a Funds that charge this type of fee on reinvested dividends as well as on the initial investment. generally be expected to outperform funds that do not charge these fees. Claire is planning on holding her shares for at least a year and wants a fund that will cost her as little in fees as possible. If IntRA r charges a deferred sales charge and MRGG r charges a redemption fee, then she is best off investing in which of the following funds? O IntRA Mint p MAGG

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