IIA
IIA-CFSA · Question #490
The approximate per-share NAV plus any fees the fund imposes is the price:
The correct answer is A. That investors pay to purchase mutual fund. See the full explanation below for the reasoning.
Question
The approximate per-share NAV plus any fees the fund imposes is the price:
Options
- AThat investors pay to purchase mutual fund
- BThat investors receive on redemptions
- CPer share NAV
- DAll of these
How the community answered
(45 responses)- A76% (34)
- B4% (2)
- C7% (3)
- D13% (6)
Community Discussion
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