The Commission Charge for Purchasing Shares of a Load Fund

question 36

Multiple Choice

The commission charge for purchasing shares of a load fund that imposes an up-front commission charge can be as high as 8.5 percent. This fee:

• A) is sometimes referred to as the sales fee
• B) is paid every time investors buy (front-end load)
• C) is paid every time investors sell (back-end load)
• D) A and B are correct
• E) A, B and C are correct

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Definitions:

Specific Customers

Targeted individuals or groups that a business aims to serve or attract with its products or services.

Customer Receives

The process by which a customer gets the product or service they have purchased.

Price Pays

The concept that the value or quality of a product or service is reflected in its price, implying that higher prices often indicate better quality.

Marketing-Oriented Strategy

A business approach that focuses on meeting the needs and wants of consumers through product development, promotion, and distribution.