The Component of Expense Ratios That Includes a Fee Charged

question 100

Multiple Choice

The component of expense ratios that includes a fee charged by some mutual funds to pay brokers is

• A) a management fee.
• B) a 12b-1 fee.
• C) an administrative expense.
• D) a referral fee.

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Definitions:

Anatomically Modern

Refers to Homo sapiens who have physical characteristics similar to those of humans today, emerging about 200,000 years ago.

Anatomically Modern Humans

Homo sapiens characterized by anatomical features similar to those of contemporary humans, emerging approximately 300,000 to 200,000 years ago.

Lumpers

Individuals or scholars who prefer to classify information or objects into broad categories, minimizing differences within those categories.

Splitters

Individuals or researchers who emphasize distinctions and differences when categorizing objects or species, often in the context of taxonomy.