Examlex
Regarding the retina,which of the following statements is FALSE?
Expense Ratio
Expense Ratio is the annual fee that mutual funds, exchange-traded funds (ETFs), and other pooled investment products charge their shareholders, expressed as a percentage of assets under management.
Rate of Return
The profit or deficit experienced from an investment, represented as a percentage of the investment's starting price.
Multiple-class Shares
Stocks issued by a single company that have different rights, dividends, or voting powers, typically designated as Class A, Class B, etc.
Front-end Load
A commission or sales charge applied at the time of the initial purchase of an investment.
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