1. Which of the following is true about the differences between no-load mutual f

ID: 338724 • Letter: 1

Question

1. Which of the following is true about the differences between no-load mutual funds and load mutual funds? Select one:

a. Load funds charge a yearly management fee whereas no-load funds do not.

b. No-load funds have no charges for purchases, but fees are charged to sell them, and load funds have fees at the beginning and at the end.

c. Load funds generally have fewer different stocks and bonds in their investment portfolio

d. No-load funds invest in fewer types of investments than load funds. e. No-load funds do not charge when you buy shares and load funds do.

1. Which of the following is true about the differences between no-load mutual funds and load mutual funds? Select one:

a. Load funds charge a yearly management fee whereas no-load funds do not.

b. No-load funds have no charges for purchases, but fees are charged to sell them, and load funds have fees at the beginning and at the end.

c. Load funds generally have fewer different stocks and bonds in their investment portfolio

d. No-load funds invest in fewer types of investments than load funds. e. No-load funds do not charge when you buy shares and load funds do.

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