American_Bankers_Association

CTFA · Question #145

The 12b-1 fee covers_____________:

The correct answer is A. Fund's distribution and advertising cost. See the full explanation below for the reasoning.

Investment Management

Question

The 12b-1 fee covers_____________:

Options

AFund's distribution and advertising cost
BInvestor education
CFund manager's travel expenses
DBrokerage expenses

How the community answered

(26 responses)

A
77% (20)
B
4% (1)
C
8% (2)
D
12% (3)

Topics

#12b-1 fee#mutual fund expenses#distribution costs#fund fees

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