Mutual Fund Investors Will Note That

question 48

Multiple Choice

Mutual fund investors will note that

• A) fund managers have not yet added foreign securities into their funds.
• B) mutual funds cannot be purchased through a traditional brokerage house.
• C) loads can vary from one mutual fund to another. The fund manager dictates the commissions and fees.
• D) by law, mutual funds can no longer charge loads.

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Definitions:

Events

Occurrences or outcomes that can be observed and are often of interest in probability and statistics.

No Clubs

The absence of formal groups or organizations within a specified context, often referring to schools or communities.

Probability

A measure of the likelihood that an event will occur, quantified as a number between 0 and 1.

Cards

Pieces of heavy paper or thin cardboard, often rectangular, used for writing, playing games, or as a tool for various statistical teaching methods.