__________ fund is defined as one in which the fund charges a sales commission to either buy into or exit from the fund....

Question

Question

__________ fund is defined as one in which the fund charges a sales commission to either buy into or exit from the fund....

__________ fund is defined as one in which the fund charges a sales commission to either buy into or exit from the fund.

Group of answer choices

An equity

An Index

A load

A no-load

business finance

Add a comment Improve this question Transcribed image text

Answer 1

Answer #1

The answer is

A load fund

The load fund involves either entry load or exit load or both

An equity funds invests the fund amount in equity securities

An index fund in index

A no load fund does not involve and charge for buying or selling

Add a comment

Answer 2

Similar Homework Help Questions

Graduated Commission Rates Sales Commission 2% on sales to $100,000 $188,500 __________ 5% on sales above...

Graduated Commission Rates Sales Commission 2% on sales to $100,000 $188,500 __________ 5% on sales above $100,000 Group of answer choices $4,167 $4,350 $6,425 none of these ----------------------------------------------------------------------- A landscape designer charges a modest hourly design fee. She makes the majority of her income by selling various outdoor equipment and furniture. She adds 25% to her cost and also charges any related delivery and/or "set-up" fees. A client selected furniture and barbecue equipment that cost the designer $3,274....
One year ago, Allison purchased 350 shares of a mutual fund which has a front-end load...

One year ago, Allison purchased 350 shares of a mutual fund which has a front-end load of 5.25 percent. The NAV at the time of purchase was $30. Today, the NAV is $33. The fund had total annual expenses of 1.65 percent. There were no fund distributions this past year. What is Allison's rate of return for the year? Group of answer choices 4.76 percent -1.10 percent -1.04 percent 4.23 percent 5.00 percent You want to buy 1,200 shares of...
An individual with cash to invest has two investment choices: Buy a stock fund that every...

An individual with cash to invest has two investment choices: Buy a stock fund that every year either earns 40% or -20% with a 50/50 probability. Buy a bond fund that every year returns either 5% or 0% also with a 50/50 probability. Assume that the returns on the two funds are independent, and that returns from year to year are also independent. Also assume an initial portfolio value of $1. (The answers, however, will be unaffected if you use...

Samantha James puts $10,000 into a load mutual fund. She knows that her up front sales...

Samantha James puts $10,000 into a load mutual fund. She knows that her up front sales commission is 5% How much of her money actually goes to buy shares in the mutual fund? Select one: O a $10,000 b. $9,050 c. $9,500 O d $10,600 O e. None of the above
Five years ago, you purchased 220.80 shares of a mutual fund. Since then, you have reinvested...

Five years ago, you purchased 220.80 shares of a mutual fund. Since then, you have reinvested your fund dividends and acquired an additional 35.10 shares. The fund currently has an NAV of $37.60. The fund charges a contingent deferred sales charge of 5 percent for the first 2 years after which time the charge declines by 1 percent a year. How much money will you receive if you redeem all of your shares today? Group of answer choices $9,700.79 $9,510.18...
A mutual fund’s net asset value is $39.30, but the fund charges a 3 percent load...

A mutual fund’s net asset value is $39.30, but the fund charges a 3 percent load fee (front- loaded) and an exit fee of 1 percent (if redeemed in 6 months) of net asset value. An individual client purchases 10 shares of the mutual fund on Jan 5 of year 20X1. During the year 20X1, the fund distributes $3.45 capital gain and $0.75 dividend income. The net asset value rises to $42.12 on Jan 5 of year 20X2 and the...

Jennifer is interested in the mutual fund RBC U.S. Index Fund – Series A. She has...

Jennifer is interested in the mutual fund RBC U.S. Index Fund – Series A. She has a few questions for you before she buys this investment. a) Does the reported fund’s return include the Management Expense Ratio (MER) ? Yes or No b) What type of fee is charged: No-load, Front-end load or a Back-end load? c) Is the status of this mutual fund classified as a closed-end or open-end mutual fund? d) Based on your response in c), explain...
(TCO 5) Which of the following is true? Group of answer choices Current yield = dividends...

(TCO 5) Which of the following is true? Group of answer choices Current yield = dividends / price paid. Coupon rate = interest / price paid. YTM = interest / 30. None of the above (TCO 8) Who would not normally be concerned about creating an investment policy for portfolio creation? CEO of a firm issuing bonds 401k plan manager Pension fund manager None of the above (TCO 4) Which of the following would be a good indicator of the...
Which one of the following types of global governance institutions would you expect to have the...

Which one of the following types of global governance institutions would you expect to have the most power to influence policy among nations? Group of answer choices Health-realted institution Human rights-related institution Finance-related institution Environmental-related institution What term is used to describe a common trend toward improved indicators of health (e.g., life expectancy) across nations? Group of answer choices Democratization Decentralization Economic liberalizatoin Convergence Which one of the following institutions has a relatively small budget, relies on outside donors for...

(CO 2) Which of the following is one of the operational principles that are common to...

(CO 2) Which of the following is one of the operational principles that are common to all analysis methods? Group of answer choices The behavior of a software must not be defined as it responds to external events The domain of the problem must not be understood All functionalities to be performed by a software should not be defined Analysis tasks should transition from essential information to implementation detail

__________ fund is defined as one in which the fund charges a sales commission to either buy into or exit from the fund....

Homework Answers

Add Answer to:
__________ fund is defined as one in which the fund charges a sales commission to either buy into or exit from the fund....

Post as a guest

Earn Coins

Graduated Commission Rates Sales Commission 2% on sales to $100,000 $188,500 __________ 5% on sales above...

One year ago, Allison purchased 350 shares of a mutual fund which has a front-end load...

An individual with cash to invest has two investment choices: Buy a stock fund that every...

Samantha James puts $10,000 into a load mutual fund. She knows that her up front sales...

Five years ago, you purchased 220.80 shares of a mutual fund. Since then, you have reinvested...

A mutual fund’s net asset value is $39.30, but the fund charges a 3 percent load...

Jennifer is interested in the mutual fund RBC U.S. Index Fund – Series A. She has...

(TCO 5) Which of the following is true? Group of answer choices Current yield = dividends...

Which one of the following types of global governance institutions would you expect to have the...

(CO 2) Which of the following is one of the operational principles that are common to...

__________ fund is defined as one in which the fund charges a sales commission to either buy into or exit from the fund....

Homework Answers

Add Answer to: __________ fund is defined as one in which the fund charges a sales commission to either buy into or exit from the fund....

Post as a guest

Earn Coins

Add Answer to:
__________ fund is defined as one in which the fund charges a sales commission to either buy into or exit from the fund....