IIA
IIA-CFSA · Question #507
There are different classes of mutual funds. Classes that typically do not have a front-end sales load. Instead they may impose a contingent deferred sales load and a 12b-1 fee (along with other…
The correct answer is B. Class B. See the full explanation below for the reasoning.
Question
There are different classes of mutual funds. Classes that typically do not have a front-end sales load. Instead they may impose a contingent deferred sales load and a 12b-1 fee (along with other annual expenses) is called:
Options
- AClass A
- BClass B
- CClass C
- DBoth B&C
How the community answered
(43 responses)- A5% (2)
- B72% (31)
- C16% (7)
- D7% (3)
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