Which of the Following Is True About Mutual Fund Expenses

question 41

Multiple Choice

Which of the following is true about mutual fund expenses?

• A)International equity funds often have the highest MERs.
• B)The MERS of all kinds of funds are roughly the same.
• C)Management fees include all sales and administration expenses.
• D)The funds with higher MERs pay the sales people the most.

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Definitions:

Four Ps

A marketing model that refers to Product, Price, Place, and Promotion - the core elements involved in marketing a product or service.

Marketing Analytics

The practice of using data analysis tools and metrics to measure, manage, and analyze marketing performance and improve effectiveness.

AMA's Code

The American Marketing Association's guidelines for ethical behavior and practice in the marketing profession.

Ethical Value

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