Open-End Mutual Funds That Charge a Sales Fee When the Fund

question 55

Multiple Choice

Open-end mutual funds that charge a sales fee when the fund is initially offered to the investor are known as

• A) Balance funds.
• B) Deferred sales loads.
• C) Unit investment trusts.
• D) Load funds.
• E) Contingency funds.

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Definitions:

Projection

A defense mechanism where one attributes their own unacceptable thoughts, feelings, or motivations to someone else.

Halo Effect

A cognitive bias where the perception of one positive trait in an individual or thing influences the overall perception of that entity as favorable.

Attribution Theory

The study of the process by which people ascribe causes to the behaviors they perceive.

Inner Qualities

Refers to inherent traits, characteristics, or virtues that form an individual's core personality and values.