Open-End Mutual Funds That Charge a Sales Fee When the Fund

question 67

Multiple Choice

Open-end mutual funds that charge a sales fee when the fund is initially offered to the investor are known as

• A) 12b-1.
• B) Americus trusts.
• C) Unit investment trusts.
• D) Load funds.
• E) Contingency funds.

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Definitions:

Interested Parties

Individuals or groups who have a stake in or could be affected by a decision or action.

Proposed Rule

A potential regulation published by a government agency for public comment before it becomes finalized and enforceable.

Agency Policy

A principle or rule adopted by an organization or government entity to guide decisions and achieve rational outcomes.

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A government body responsible for implementing legislation, enforcing laws, and regulating activities within its jurisdiction.