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Fund A has a 12b-1 charge of 1% and an expense ratio of 0.75%, fund B has a front-end load of 4%, no 12b-1 charge
Fund A has a 12b-1 charge of 1% and an expense ratio of 0.75%, fund B has a front-end load of 4%, no 12b-1 charge and an expense ratio of 0.25%. Assume the gross rate of return on both funds is 6% per year. How much will an investment in each fund grow to after (i) 1 year? (ii) 3 years? (iii) 10 years? Fund A has a 12b-1 charge of 1% and an expense ratio of 0.75%, fund B has a front-end load of 4%, no 12b-1 charge and an expense ratio of 0.25%. Assume the gross rate of return on both funds is 6% per year. How much will an investment in each fund grow to after (i) 1 year? (ii) 3 years? (iii) 10 years
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