Which of the Following Is True About Mutual Fund Expenses

question 12

Multiple Choice

Which of the following is true about mutual fund expenses?

• A)International equity funds often have higher MERs.
• B)The MERS of all kinds of funds are roughly the same.
• C)Management fees include all sales and administration expenses.
• D)The funds with higher MERs pay the sales people the most.

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Definitions:

Relaxation Exercises

Techniques and activities designed to reduce tension and stress, promoting physical and mental well-being, such as deep breathing, yoga, or meditation.

Spinal Block

A form of regional anesthesia involving the injection of a local anesthetic into the cerebrospinal fluid surrounding the spinal cord to induce numbness in the lower part of the body.

Spinal Canal

The hollow space in the spine through which the spinal cord passes, protected by the vertebral column.

Local Anesthetic

Reduction of pain in an area of the body.