The Management Fee for a Mutual Fund Is Measured as a Percentage

question 31

Multiple Choice

The management fee for a mutual fund is measured as a percentage of its:

• A) return.
• B) sales charge.
• C) offer price.
• D) NAV
• E) total assets.

---

Definitions:

Cultural Intelligence

A measure of an individual's ability to understand, respect, and work effectively across different cultures.

Irish Coworker

A colleague at work who is from Ireland or of Irish descent.

Latino Customers

Individuals of Latin American origin or descent who are potential or current buyers of products and services.

Multicultural Identities

Individuals who incorporate the values of two or more cultures because they identify with both their primary culture and another culture or cultures.