Which of the Following Is Not Correct About the 12b-1

question 84

Multiple Choice

Which of the following is not correct about the 12b-1 fee?

• A) It is also known as a distribution fee.
• B) A no-load fund can charge a 12b-1 fee of up to 0.25% of its assets.
• C) It is often an ongoing fee that is charged on an annual basis.
• D) It needs to be disclosed in the annual report but not in the prospectus.
• E) It is used to defray the costs of advertising and marketing a mutual fund and commissions paid to a broker who sold you shares in the mutual fund.

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Definitions:

Depression

A mental health disorder characterized by persistently low mood, a lack of interest in activities, and various other symptoms that interfere with daily life.

Presenteeism

The act of attending work while sick, which can lead to reduced productivity and sometimes exacerbate health issues.

Harassment

Unwanted behavior that offends, humiliates, or intimidates an individual, often repeating over time, and can be based on gender, race, sexual orientation, or other factors.

Presenteeism

The act of attending work while not fully functioning due to illness or other medical conditions, often resulting in decreased productivity.