No-Load Funds Are Mutual Funds That ________

question 59

Multiple Choice

No-load funds are mutual funds that ________.

• A) do not charge sales commission
• B) offer high rates of interest
• C) offer low rates of interest
• D) do not invest in equity shares
• E) offer huge tax benefits to investors

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Definitions:

Core Principles

Fundamental values or beliefs that serve as the foundation for an organization's culture, decisions, and actions.

FAB Formula

A selling technique focusing on the Features, Advantages, and Benefits of a product or service to persuade potential buyers.

Glue

A substance used for sticking objects together; metaphorically, it can refer to anything that binds or unites components, ideas, or people.

Preapproach

The sales process stage where the salesperson gathers information and plans their approach before the initial contact with a potential customer.