Understanding the Costs Involved in Mutual Fund Investments Bob is debating purchasing a mutual fund, but he has some questions for his financial advisor, Cho. The following table presents information on four different open$-$end mutual funds that Bob and Cho are discussing. Use the information in the table to answer the questions that follow. FUND Mint p TmRE r PFIN BRRT NAV NET CHG $12\mathrm{.}3215\mathrm{.}7739\mathrm{.}8143\mathrm{.}21-0\mathrm{.}040\mathrm{.}060\mathrm{.}200\mathrm{.}29$ YTD $\%$ RET $2\mathrm{.}65\mathrm{.}58\mathrm{.}09\mathrm{.}1$ BOB: After some research, I've narrowed it down to these four funds, but can you explain to me the relationship between $12$b$-1$ fees and fund performance? CHO: Generally, funds that charge $12$b$-1$ fees, such as MinT p$,$ do not necessarily outperform funds that do not charge these fees. BOB: What about front$-$end load fees? For example, suppose BRRT has a front$-$end load fee of $6\%,$ when do I pay this fee? CHO: If you purchase $100$ shares of this fund at the NAV, you will pay a commission of S pay S in front$-$end fees. BOB: It sounds like these fees could start to add up$.$ What's the most I can expect to pay in fees? CHO: If a fund charges a $4\%$ front$-$end load and a $4\%12-$b$1$ fee, then it can charge a maximum of only without violating the cap. BOB: Thanks! This was really helpful. So it sounds like you'd recommend looking for $,$ but when you sell these shares you will $\%$ in back$-$end load charges funds whenever possible.