Examlex
Gavin has asked one of aides to investigate whether the International Monetary Fund would be able to provide his district with a loan to foster international trade with the products made within his district. What would his aide most likely say?
Front-end Load
An upfront sales charge investors pay when they purchase mutual fund shares, which reduces the amount of the investment.
Back-end Load
A fee paid by investors when selling mutual fund shares, typically decreasing over time the longer shares are held, designed to discourage quick withdrawals.
Front-end Load
A sales charge or commission that investors pay upfront when purchasing shares of a mutual fund or investment, typically used to compensate brokers.
Back-end Load
A fee paid by investors when they sell shares of a mutual fund, often decreasing over time the longer shares are held.
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