Question 31 (1 point) Saved Who earns the front-end load on a mutual fund purchase? a) Distributor. b) Transfer and Registrar. doo O c) Fund Manager d) Custodian. Question 32 (1 point) , and investors in a mutual fund Investors in a mutual fund trust receive corporation receive a) units; shares b) units; units c) shares; units d) shares; shares Question 36 (1 point) Which of the following measures the total cost of operating a mutual fund as a percentage of its average net assets for the year? a) Net capital ratio. b) Trading sales ratio. c) Management Expense Ratio. d) Payout ratio. Question 37 (1 point) Provincial securities legislation requires that a segregated fund be guaranteed as to principal for at least how much and after how long of a holding period? For at least 75% after a 10-year holding period. For at least 100% after a 10-year holding period. For at least 100% after a 7-year holding period For at least 75% after a 7-year holding period