Question
QUESTION 98 Which of the following statements about mutual fund fees is not correct? a. Class A shares are sold with a front-end load. b.
QUESTION 98
Which of the following statements about mutual fund fees is not correct?
a. Class A shares are sold with a front-end load.
b. Class B shares are sold with a redemption fee.
c. Class C shares are sold with a smaller front-end load and a back-end load than A or B shares.
d. Institutional shares generally do not have 12b-1 fees.
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Financial Markets and Institutions
Authors: Jeff Madura
11th Edition
1133947875, 9781305143005, 1305143000, 978-1133947875
