Which One of the Following Is NOT Included in the Fee

question 90

Multiple Choice

Which one of the following is NOT included in the fee table found in a mutual fund prospectus?

• A)12b-1 fee
• B)turnover rate
• C)redemption fee percentage
• D)management fee
• E)front-end load

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Definitions:

Economies of Scale

The cost advantage that arises with increased output of a product, resulting from efficiencies in production processes.

Total Cost

The complete sum of all expenses incurred in the production and delivery of a product or service, including fixed and variable costs.

Research and Development Costs

Expenses associated with the research and development activities of a company, aiming at new product development and improvement of existing products.

Economies of Scale

Cost advantages that a business can achieve due to an increase in the scale of production, leading to lower per-unit costs.