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The Bruin Stock Fund sells Class A shares that have a front-end load of 5.3 percent, a 12b-1 fee of 32 percent, and other
The Bruin Stock Fund sells Class A shares that have a front-end load of 5.3 percent, a 12b-1 fee of 32 percent, and other fees of 1.0 percent. There are also Class B shares with a 5 percent CDSC that declines 1 percent per year, a 12b-1 fee of 1.45 percent, and other fees of 1.00 percent. Assume the portfolio return is 13 percent per year. a. What is the value of $1 invested in each share class if your investment horizon is 3 years? (Do not round intermediate calculations. Round your answers to 2 decimal places.) Class A Class B Investment Value b. What if your investment horizon is 20 years? (Do not round intermediate calculations. Round your answers to 2 decimal places.) Class A Class B Investment Value
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