Each Individual Mutual Fund Hires an Investment Advisor,generally from the Management

question 9

Multiple Choice

Each individual mutual fund hires an investment advisor,generally from the management company,who oversee the particular fund.How is this advisor paid?

• A)Hourly
• B)Based on a percentage of the commissions charged on an annual basis
• C)Based on a percentage of the total value of the fund on an annual basis
• D)Annually based on the capital gains realized by the fund
• E)None of the above