Another Name for a Mutual Fund That Doesn't Charge a Load

question 129

Multiple Choice

Another name for a mutual fund that doesn't charge a load, but does charge an ongoing higher 12b-1 fee is a class ____________ fund.

• A) A
• B) B
• C) C
• D) D
• E) E

---

Definitions:

Renegotiate

The process of revising the terms of a contract or agreement.

Market Value

The current price at which an asset or service can be bought or sold, determined by the supply and demand dynamics in the market.

Rights Offering

A method by which a company raises capital by offering existing shareholders the chance to buy additional shares at a discount.

Market Price

The current selling or buying price of a service or asset in the market.