Question
The wShares Large-cap Equity Fund sells Class B shares with a front-end load of 1.5%, annual operating expense of 1.5% and 12b-1 fees of 1%
The wShares Large-cap Equity Fund sells Class B shares with a front-end load of 1.5%, annual operating expense of 1.5% and 12b-1 fees of 1% with back-end load fees of 1%. If the gross rate of return on the fund portfolio before expenses is 9% annually, what comes closest to the value of a $ 250,000 investment in Class B shares if the shares are sold after 1 year?
The wShares Large-cap Equity Fund sells Class B shares with a front-end load of 1.5%, annual operating expense of 1.5% and 12b-1 fees of 1% with back-end load fees of 1%. If the gross rate of return on the fund portfolio before expenses is 9% annually, what comes closest to the value of a $ 250,000 investment in Class B shares if the shares are sold after 1 year?
270,000
255,000
260,000
265,000
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