Tim is debating purchasing a mutual fund, but he has some questions for his financial advisor, Alyssa. The following table presents information on four different open$-$end mutual funds that Tim and Alyssa are discussing. Use the information in the table to answer the questions that follow.

$\backslash$table$[[$FUND$,$NAV,NET CHG$,$YTD $\%$ RET$],[$MinT p$,17\mathrm{.}32,0\mathrm{.}03,3\mathrm{.}0],[$IntRA r$,15\mathrm{.}77,0\mathrm{.}13,5\mathrm{.}9],[$GMAR$,40\mathrm{.}81,0\mathrm{.}27,8\mathrm{.}4],[$MajTrk$,39\mathrm{.}21,0\mathrm{.}36,9\mathrm{.}5]]$

TIM: After some research, I've narrowed it down to these four funds, but can you explain to me the relationship between $12b-1$ fees and fund performance?

ALYSSA: Generally, funds that charge $12b-1$ fees, such as MinT $p,q,$ outperform funds that do not charge these fees. TIM: What about front$-$end load fees? For example, suppose MajTrl do not necessarily $$ fee of $6\%,$ when do I pay this fee?

ALYSSA: If you purchase $100$ shares of this fund at the NAV, you Wmpay a commmssion of $$ but when you sell these shares you will pay $$ in front$-$end fees.

TIM: It sounds like these fees could start to add up$.$ What's the most I can expect to pay in fees?

ALYSSA: If a fund charges a $2\mathrm{.}5\%$ front$-$end load and a $2\mathrm{.}5\%12-b1$ fee, then it can charge a maximum of only $\%$ in back$-$end load charges without violating the cap.

TIM: Thanks! This was really helpful. So it sounds like you'd recommend looking for $$ funds whenever possible.