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In the prospectus for the Brazos Aggressive Growth fund, the fee table indicates that the fund has a 12b-1 fee of 0.30 percent and an
In the prospectus for the Brazos Aggressive Growth fund, the fee table indicates that the fund has a 12b-1 fee of 0.30 percent and an expense ratio of 1.35 percent that is collected once a year on December 1. Joan and Don Norwood have shares valued at $35,000 on December 1.
(a) What is the amount of the 12b-1 fee this year? (Round your answer to 2 decimal places.)
(b) What is the amount they will pay for expenses this year?
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