Why Do the Stated Percentage Load Charges of Mutual Funds

question 33

Multiple Choice

Why do the stated percentage load charges of mutual funds not fully reflect the percentage costs of the sales fees?

• A) mutual fund load charges are paid after the investor's assets are invested.
• B) as the investor has fewer dollars to invest after paying the load charges, the load charges therefore are a lower percentage of the actual invested amount than originally invested
• C) certain mutual funds increase their sponsor's revenues at the expense of existing shareholders
• D) mutual fund load charges are paid before the investor's assets are invested and the charges are therefore a higher percentage of the actual invested amount after paying the load

Grasp the theoretical frameworks of moral development by Piaget and Kohlberg.

Apply Piaget's theory of education and cognitive development in the classroom setting.

Understand the concept of mainstreaming and accommodation strategies for disabled children.

Distinguish between concrete-operational and preoperational stages in children according to Piaget’s stages of cognitive development.

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Definitions:

RRSPs

Registered Retirement Savings Plans, a type of financial account in Canada for holding savings and investment assets to support retirement.

Reduced Pension

A retirement plan that provides beneficiaries with lower benefits than originally anticipated or agreed upon.

Contributory Pension Plans

Retirement plans where both the employer and employees contribute to the fund that will be used to provide retirement benefits to the employees.

Contributions

The act of giving or adding to something larger, often refers to financial contributions in a business or investment context but can also apply to contributions of time, effort, or resources.