No-Load Funds Charge No Sales Fee Because

question 70

Multiple Choice

No-load funds charge no sales fee because:

• A) they are legally prohibited from doing so.
• B) they charge a redemption fee instead.
• C) they have no sales force.
• D) they charge a 12b-1 fee instead.

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Definitions:

Interviewer

The person who conducts an interview, asking questions to evaluate the qualifications and suitability of the interviewee.

Open Questions

Questions formulated in such a way as to encourage a full, detailed answer rather than a simple yes or no response.

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The act of making knowledge or data available to others through various means, promoting transparency and collaboration.

Less Structured

Referring to a more informal or flexible approach or organization that lacks rigid frameworks or procedures.