What Are the Two Main Fees Associated with a Mutual

question 22

Multiple Choice

What are the two main fees associated with a mutual fund?

• A)Open- and closed-end fees
• B)Front and end load fees
• C)Expense ratios and loads
• D)Transaction fees and taxes

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Definitions:

Instinct

An inherent or innate behavior in animals that is triggered by certain stimuli and is often performed without prior learning or experience.

Simple Stimulus

A basic signal to which an organism can respond or that may initiate a simple reflex action, such as brightness or a loud sound.

Genetic Monogamy

A form of monogamy based on genetic tests which confirm that a pair of animals mate exclusively with each other.

Evolutionary Fitness

The ability of an organism to survive and reproduce, thereby passing on its genes to the next generation.