A Load Fund Is Allowed to Collect a Sales Charge

question 75

Multiple Choice

A load fund is allowed to collect a sales charge (commission) as high as ___ of the purchase price for investments.

• A) 0%.
• B) 2%.
• C) 3-5%.
• D) 8.5%.
• E) 11.5%.

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Definitions:

Mistrust

The lack of trust or confidence in someone or something, often resulting from negative past experiences or perceptions of unreliability.

Disbelief

A lack of faith or trust in the truth or existence of something.

Smoothing

A technique used in various contexts, such as negotiation or production, to reduce volatility, conflicts, or fluctuations, aiming for a more stable or harmonious state.

Superordinate Goals

Objectives that are important to more than one party and can only be achieved through the cooperation of all parties involved.