A 12b-1 Fee Is a Fee Charged by a Mutual

question 75

Multiple Choice

A 12b-1 fee is a fee charged by a mutual fund:

• A)at the time shares are issued.
• B)if shares are sold within a stated period of time.
• C)to cover trading costs.
• D)to pay the fund's managers.
• E)to cover marketing costs.

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Definitions:

Personal Agency

The capacity of individuals to act independently and make their own free choices, influencing their own life circumstances.

Conservationist

An individual or ideology focused on protecting the natural environment and preserving natural resources.

Generativity

The concern for establishing and guiding the next generation, often manifested through parenting, teaching, and mentorship.

Open Lands

Areas of natural, undeveloped land, often preserved for recreational, ecological, or agricultural purposes.