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

question 20

Multiple Choice

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


Definitions:

DSM-5

The Diagnostic and Statistical Manual of Mental Disorders, Fifth Edition, a comprehensive classification of psychiatric disorders published by the American Psychiatric Association.

DSM-IV

The fourth edition of the Diagnostic and Statistical Manual of Mental Disorders, a standardized classification and diagnostic tool for mental disorders.

Prevalence Rate

A measure indicating the proportion of individuals in a population having a particular disease or characteristic at a specific time.

Bulimia Nervosa

An eating disorder characterized by episodes of binge eating followed by purging to prevent weight gain.

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