The Difference Between the NAV and the Offer Price Represents

question 71

True/False

The difference between the NAV and the offer price represents the commission charge for buying the mutual fund shares.

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Definitions:

Phallic

Relating to or resembling a phallus, often used in the context of Freudian psychoanalysis to describe the stage of child development focused on the genitals.

Anal Fixation

In psychoanalytic theory, a fixation at the anal stage of development that can lead to personality traits such as obsessiveness, stinginess, or messiness in adulthood.

Autonomy

The capacity to make an informed, uncoerced decision or the state of being self-governing and independent.

Erikson

A developmental psychologist known for his theory on the psychosocial development of humans.