Which of the Following Observations Is True of a No-Load

question 56

Multiple Choice

Which of the following observations is true of a no-load fund?

• A)Purchase is subject to a sales charge.
• B)Sales charges may be as high as 8.5 percent.
• C)They market shares of the fund directly to investors.
• D)They use sales agents.
• E)They have up-front commission charges.

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