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Another Name for a Mutual Fund That Doesn't Levy a Sales

question 45

Multiple Choice

Another name for a mutual fund that doesn't levy a sales charge,but does charge an ongoing higher 12b-1 fee is a class ________ fund.


Definitions:

Neurofibrillary Tangles

Twisted masses of fibers within nerve cells, found in the brains of patients with neurodegenerative diseases such as Alzheimer's.

Alzheimer Disease

A progressive neurological disorder characterized by memory loss, cognitive decline, and personality changes, resulting from the degeneration of brain cells and neural connections.

Parkinson Disease

A neurological disorder characterized by tremors, stiffness, and slow movement, resulting from the loss of dopamine-producing brain cells.

Globus Pallidus

A subcortical structure within the brain involved in the regulation of voluntary movement.

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