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Loaded-Up Fund charges a 12b-1 fee of 1% and maintains an expense ratio of.75%. Economy Fund charges a front-end load of 2%, but has no
Loaded-Up Fund charges a 12b-1 fee of 1% and maintains an expense ratio of.75%. Economy Fund charges a front-end load of 2%, but has no 12b-1 fee and an expense ratio of.25%. Assume the rate of return on both funds' portfolios (before any fees) is 6% per year. a. How much will an investment of 100 in each fund grow to after 1 year? Loaded-Up Fund Economy Fund b. How much will an investment of 100 in each fund grow to after 3 years? c. How much will an investment of 100 in each fund grow to after 10 years
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