If an Investor Purchases a No-Load Fund, She or He

question 38

Multiple Choice

If an investor purchases a no-load fund, she or he:

• A) Is never subject to a management fee
• B) Could be subject to a front-end commission
• C) Could be subject to 12b-1 fees
• D) Would expect a higher return since no-loads generally pay better rates than load funds
• E) C and D

---

Definitions:

Assess

To evaluate or estimate the nature, ability, or quality of someone or something.

Interpersonal Communication

The process of exchanging information and feelings between individuals through verbal and non-verbal methods.

Catheter-related Infections

Infections that occur in the urinary tract, bloodstream, or other body sites due to the presence of a medical catheter.

Assertive Communication

A communication style in which individuals express their needs and opinions in a direct, honest, and respectful way.