![jackyrodriguez92](/avatars/42608.jpg)
jackyrodriguez92
20.04.2020 •
Business
A mutual fund is offered with no up-front sales charge and no contingent deferred sales charge. It charges 50 basis points of 12b-1 fees annually. The fund publishes an advertisement stating that: "This is a no-load fund." Which statement is TRUE?A. The statement is true as presented
B. This statement is misleading because no-load mutual funds cannot charge 12b-1 fees
C. This statement is misleading because a no-load fund cannot charge more than 25 basis points of 12b-1 fees
D. This statement is misleading because mutual funds are not permitted to advertise themselves as no-load funds
Solved
Show answers
More tips
- O Other Everything You Need to Know About Kudyabliks...
- F Food and Cooking How to cook crayfish? Everything you need to know...
- F Food and Cooking Homemade kvass: recipe and brewing process...
- H Health and Medicine How to Choose the Right Tanning Cream?...
- S Style and Beauty Secrets of Tying a Pareo: 5 Ways...
- S Sport Running: How to Do It Right?...
- H Health and Medicine Sunstroke: Causes, Symptoms, and Precautions...
- H Health and Medicine How to Deal with Heat Stroke?...
- H Horoscopes, Magic, Divination Where Did Tarot Cards Come From?...
- A Auto and Moto How many blood alcohol level units are allowed in Russian traffic laws?...
Answers on questions: Business
- M Mathematics A baker brought some butter. He used 360 grams to make some pastry. This was 5/6 of the butter he had. How much butter did he buy at first? Please show work....
- B Biology ‼️help asap‼️ Spiral galaxies are elliptical galaxies are A-Spinning -- Growing B-Expanding -- Spinning C-Condensing --Growing D-Spinning -- Condensing...
- M Mathematics What is the equation of the line that passes through the point (1,7) and is perpendicular to the graph of Y=-14X+11...
- H History How did the “yellow press contribute to the us actions against spain?...
Ответ:
The correct statement is C. This statement is misleading because a no-load fund cannot charge more than 25 basis points of 12b-1 fees
Explanation:
THIS STATEMENT IS MISLEADING BECAUSE A NO-LOAD FUND CANNOT CHARGE MORE THAN 25 BASIS POINTS OF 12B-1 FEES.
A mutual fund is not permitted to advertise itself as a "no-load" fund if it charges 12b-1 fees of more than .25% (25 basis points) annually. 12b-1 fees are charges against net asset value that pay for the cost of soliciting new investment to the fund, and they can be used to compensate salespersons that sell the fund's shares.
Ответ:
I shall explain the how these clowns work
Explanation:
It's just like all the other apps. Ads are usually worth money and the more ads the more money they have. is a way where you pay them more than they would receive from ads. So the more people that but are just going along with them trying to money