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Understanding the Costs Involved in Mutual Fund Investments The following table presents information on four different open-end mutual funds. Use the information in the table
Understanding the Costs Involved in Mutual Fund Investments The following table presents information on four different open-end mutual funds. Use the information in the table to answer the questions that follow. FUND MinT p TmRE r MRGG TopLA NAV NET CHG YTD % RET 12.32 2.6 The mutual fund True 15.77 39.81 43.21 False -0.04 0.06 0.20 0.29 5.5 8.0 9.1 True or False: You can generally expect funds that charge back-end load fees to outperform funds that do not charge these fees. charges a back-end load fee. Suppose TopLA has a front-end load fee of 8%. If you purchase 100 shares of this fund at the NAV, you will pay a commission of $ in one month, you sell the shares, you pay a redemption fee at that time. If you are interested only in funds without any fee, you the quotations as listed in the table, it is . If, to use additional online resources to find no-load funds, because using only to determine the amount of any front-end load fee that the fund may charge.
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