Mutual Fund Trading Costs

question 78

Multiple Choice

Mutual fund trading costs:

• A)are computed as a percentage of a fund's assets.
• B)are generally set at a flat amount per year.
• C)generally include a bonus fee for outperforming an index.
• D)increase in direct relation to the turnover rate.
• E)are the costs paid to brokers in the form of sales commissions.

---

Definitions:

Patient's Appreciation

A patient's expression of gratitude or thanks towards healthcare providers or healthcare services received.

Medical Office

A facility where medical professionals provide outpatient services, including diagnosis, treatment, and patient care.

Legal Hours

Designated hours during which courts are open and legal proceedings may take place; also can refer to the hours that law firms or attorneys work.

Harassment

Unwanted, aggressive behavior that involves a real or perceived power imbalance, can be physical or psychological, and often targets a specific individual or group.