Management Fees for Mutual Funds Are

question 112

Multiple Choice

Management fees for mutual funds are:

• A) different across funds and can significantly impact the return to an investor.
• B) fixed by regulation.
• C) fixed by regulation but can vary by the size of the fund.
• D) usually a percentage of the return achieved by fund managers.

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Definitions:

Continental Crust

The thick, buoyant part of the Earth's crust that forms the continents, contrasted with the denser oceanic crust.

Thickness

The measurement from one surface of an object or material to the opposite surface.

Intrusions

Masses of igneous rock that have forcibly inserted themselves into preexisting rock formations.

Regional Land Elevation

The average height of the land surface of a specific area relative to sea level, which can influence climate, vegetation, and human settlement.