FUND NAV NET CHG -0.02 YTD % RET 2.5 11.32 QEF TIRES 30.77 0.08 5.4 PFIN 27.81 0.22 7.9 TOPLA 42.21 0.31 9.0 BRIAN: After some research, I've narrowed it down to these four funds, but can you explain to me the relationship between back-end fond fees and fund performance? CRYSTAL: Generally, funds that charge back-end load foes, such as TMRET, outperform funds that do not charge these fees BRIAN: What about front-end load fees? For example, suppose TopLA has a front-end load fee of 8%, when do I pay this fee? but when you sell these shares you CRYSTAL: If you purchase 100 shares of this tund at the NAV, you will pay a commission of 3 will pays in front-end fees BRIANI It sounds like these foes could start to add up. What's the most I can expect to pay in foes? % in back-end load CRYSTAL: If a fund charges a 3.5% front-end load and a 2% 12-D1 fee, then it can charge a maximum of only charges without violating the cap. funds whenever possible BRIAN: Thanks! This was really helpful. So it sounds like you'd recommend looking for 4. Comparing mutual funds Understanding the Costs Involved in Mutual Fund Investments Brian is debating purchasing a mutual fund, but he has some questions for his financial advisor, Crystal. The following table presents Information on four different open-end mutual funds that Brian and Crystal are discussing. Use the information in the table to answer the questions that follow. FUND Qurp TMRET NAV NET CHGYTO% RET 11.32 -0.02 2.5 30.77 0.08 5.4 27.81 0.22 PFIN 7.9 TOPLA 42.21 0.31 9.0 Google BRIAN: After some research, I've narrowed it down to these four funds, but can you explain to me the relationship between back-end load ees