Suppose MajTrk charges a commission of 1%. This is or is not an example of a relatively low-load fund. If Maria purchases $3,000 worth of MajTrk shares, only $__ will actually be invested. This means that the commissionas a percentage of the amount investedis equal to 1.01%, 1.23%, 1.00%, 1.36%

The mutual fund TmRE r is a no-load fund that imposes a 12b-1 fee or deferred sales charge only when its shares are sold. Funds that charge this type of fee cannot or can generally be expected to outperform funds that do not charge these fees.

5. Comparing loads and fees Maria 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. Suppose MajTrk n charges a commission of 1%. This an example of a relatively low-load fund. If Maria purchases $3,000 worth of MajTrkn shares, only \$ will actually be invested. This means that the commission-as a percentage of the amount invested-is equal to The mutual fund TmRE r is a no-load fund that imposes a only when its shares are sold. Funds that charge this type of fee generally be expected to outperform funds that do not charge these fees. Maria 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 MinT p charges a 12b1 fee and MRGG r charges a redemption fee, then she is best off investing in which of the following funds? TmRE r MinT p MajTrkn MRGG r