Question 21 Not yet answered Points out of 1.00 Flag question Question 22 Not yet answered Points out of 1.00 Flag question Question 23 Not yet answered Points out of 1.00 Flag question If a mutual fund offers more than one share class, this means O a. the mutual fund is more diversified. O b. share classes differ in load and expenses. O c. each share class invests in different securities. O d. this is a fund family. Which of the following is a characteristic of an exchange-traded fund (ETF)? O a. The shares are invested only in common stock of publicly traded corporations. Shares trade at the net asset value like shares in an open-end fund. O b. Oc. The number of shares outstanding is fixed as in a closed-end fund. d. Shares are traded in the secondary market like shares in a closed-end fund. Which type of mutual funds charges you a commission when you sell your share of the fund (instead of when you buy it). a. no load fund O b. back end load fund O c. low load fund O d. front load fund