The Debate and Research Regarding the Advantages of Load Funds

question 98

Multiple Choice

The debate and research regarding the advantages of load funds versus no-load funds has revealed that

• A)the proportion of total assets invested in load funds has decreased over the last 20 years and became less than the assets in no-load funds in 2002.
• B)the cost of the load may not be worth the attention and advice given to investors.
• C)most mutual fund companies offer the majority of their funds as no-load funds.
• D)a load fee should be annualized over the holding period of the fund shares.
• E)All of the options.

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Definitions:

Ethos

The characteristic spirit of a culture, era, or community as manifested in its beliefs and aspirations; in rhetoric, the ethical appeal or credibility of the speaker.

Aesthetic Principles

The standards that guide judgments about what is considered beautiful, pleasing, or artful.

Crescive Norms

Unwritten, societal rules that are discovered through interaction rather than being formally taught.

St. David's Day

A Welsh holiday celebrated on March 1st to honor Saint David, the patron saint of Wales, typically marked by wearing daffodils or leeks.