American_Bankers_Association
CTFA · Question #145
CTFA Question #145: Real Exam Question with Answer & Explanation
The correct answer is A. Fund's distribution and advertising cost. See the full explanation below for the reasoning.
Question
The 12b-1 fee covers_____________:
Options
- AFund's distribution and advertising cost
- BInvestor education
- CFund manager's travel expenses
- DBrokerage expenses
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