A 12b-1 Fee Can Only Be Charged by a Load

question 80

True/False

A 12b-1 fee can only be charged by a load mutual fund.

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Definitions:

Core Values

Fundamental beliefs or guiding principles that dictate behavior and action for an individual or organization.

Culture Wars

Conflicts between groups with differing ideals, beliefs, and practices regarding cultural, moral, and religious issues.

Folkway

Informal norms or everyday customs that govern behavior in society, often seen as traditional behaviors that are passed down through generations.

Negative Sanction

A punishment or penalty imposed by a group or society to enforce conformity to its norms and expectations.