Assume a Mutual Fund Is a Pure No-Load Fund

question 82

Multiple Choice

Assume a mutual fund is a pure no-load fund. Which of the following costs should an investor still expect to incur?
I. contingent deferred sales charge
II. management fee
III. trading costs
IV. redemption fee

• A)I, II, and III only
• B)II and III only
• C)II, III, and IV only
• D)I, II, III, and IV
• E)none of the costs listed

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Definitions:

Subculture

A cultural group within a larger culture, often having beliefs or interests at variance with those of the larger culture.

Distinctive Values

Unique or specific beliefs and principles that differentiate one culture, society, or individual from another, guiding behaviors and decisions.

Larger Culture

The dominant set of norms, values, beliefs, and practices that characterizes a larger society or population group.

Rationalization

The process of making actions or outcomes seem reasonable or logical, often by creating a plausible explanation.