Question
The following information pertains to the Big Returns Fund: Cost Class A Class B Class C Front-end load 5.73 0.00 0.00 Back-end load 0.00 5.94
The following information pertains to the Big Returns Fund:
Cost | Class "A" | Class "B" | Class "C" |
Front-end load | 5.73 | 0.00 | 0.00 |
Back-end load | 0.00 | 5.94 | 0.64 |
Declining 1% per year | First year only | ||
Management fee | 0.90 | 0.90 | 0.90 |
12b-1 fee | 0.30 | 0.50 | 0.80 |
For each share class, calculate (1) how much you would pay in initial commissions, (2) how much you would pay in back-end commissions if you sold after two years, (3) how much in value is lost to annual expenses over a two-year holding period. Assume you purchased
$2,000
worth of shares in this fund, and that prior to reductions for management and 12b-1 fees the gross fund return was
10.00
percent each year. Click on the table icon to view the FVIF table
LOADING...
.
The initial commissions for Class "A" is
$nothing.
(Round to the nearest cent.)The back-end commission for Class "A" is
$nothing.
(Round to the nearest cent.)The total value lost to annual fees and expenses for Class "A" over the two-year holding period is
$nothing.
(Round to the nearest cent.)The initial commissions for Class "B" is
$nothing.
(Round to the nearest cent.)The back-end commision for Class "B" is
$nothing.
(Round to the nearest cent.)The total value lost to annual fees and expenses for Class "B" over the two-year holding period is
$nothing.
(Round to the nearest cent.)The initial commissions for Class "C" is
$nothing.
(Round to the nearest cent.)The back-end commision for Class "C" is
$nothing.
(Round to the nearest cent.)The total value lost to annual fees and expenses for Class "C" over the two-year holding period is
$nothing.
(Round to the nearest cent.)
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