Mutual Funds Can Carry a Number of Different Types of Sales

question 118

Essay

Mutual funds can carry a number of different types of sales charges and fees. Briefly explain the following such expenses.
(a) a front-end load
(b) a back-end load
(c) a 12(b)-1 fee

---

Definitions:

Horizontal Analysis

Horizontal analysis is a financial analysis method that compares historical financial data across different periods to identify trends and growth patterns.

Common-sized Statement

Financial reports displaying every item as a proportion of a base figure, making it easier to compare between different times or businesses.

Financial Analysis

The evaluation of a business, project, budget, or other finance-related entity to determine its performance, stability, and profitability.

Percentage Increase

A measure of how much a quantity has grown relative to its original value, expressed as a percentage.