The Acceptable Range for a Mutual Fund's Total Yearly Expenses

question 28

True/False

The acceptable range for a mutual fund's total yearly expenses is from 2% to 3% of assets.

---

Definitions:

Axillary

Pertaining to the armpit area, often referring to the location of lymph nodes or the measurement of body temperature.

Oral

Pertaining to the mouth, including the administration of medicine or other substances through the mouth.

Rectal

Pertaining to, situated at, or involving the rectum, which is the final section of the large intestine.

Celsius

A scale for measuring temperature in which water freezes at 0 degrees and boils at 100 degrees under standard conditions.