A Fee That Is Charged at the Time Mutual Fund

question 29

Multiple Choice

A fee that is charged at the time mutual fund shares are purchased by an investor is called a:

• A)contingent deferred sales charge.
• B)12b-1 fee.
• C)back-end load.
• D)front-end load.
• E)issuance charge.

---

Definitions:

Unrealistic Expectations

Expectations that are unachievable or overly ambitious, often leading to disappointment or failure.

Transformational Leader

A type of leader who inspires and motivates followers to achieve extraordinary outcomes by transforming their beliefs and values.

Potential Payoff

The expected or anticipated return or benefit derived from an investment or action.

Subordinates

Individuals who are lower in rank or position within an organization, often reporting to a supervisor or manager.