Sloane wants to buy shares in a mutual fund and has narrowed her selection to the following four funds. Answer the questions below to help assess each fund in terms of the fees each charges. Fund NAV Net Chg. YTD% Ret. PwrSLr 19.77 0.13 QtrF p 18.32 0.03 MajTrkn42.2 0.36 MRGG r 31.81 0.27 6.2 3.3 9.8 8.7 Suppose Majtrk charges a commission of 8%. This an example of a relatively low-load fund. If Sloane purchases is not $2,000 worth of MajTrk shares, only$ percentage of the amount invested-is equal to will actually be invested. This means that the commission-as a 8.00% 11.75% 8.70% 10.61% The mutual fund PwrSL is a no-load fund that imposes a only when its shares are sold. Funds deferred sales charg 12b-1 fee that charge this type of fee generally be expected to outperform funds that do not charge these fees. can cannot Sloane is planning on holding her shares for at least a year and wants a fund that will cost her as little in fees as possible If QtrF charges a 12b-1 fee and MRGG charges a redemption fee, then she is best off investing in which of the following funds? MajTrk O MRGG