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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


Definitions:

Duals

Pairs of components, like tires, that are used together on each side of a vehicle axle to increase stability, payload capacity, or traction.

Adequate Spacing

Sufficient distance maintained between objects or components to ensure proper function, safety, or aesthetics.

O'Clock Positions

A method of describing the location or orientation of objects (e.g., vehicle parts) by comparing them to positions on a clock face.

Axles

Shafts or rods that support, rotate, and/or secure vehicle wheels or gear assemblies to facilitate motion.

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