ProductsCâu 9 / 110
A 12b-1 fee charged by a mutual fund is used primarily to pay for:
a.Distribution and shareholder servicing costs, such as marketing and compensation to selling firms
b.The portfolio manager's advisory fee
c.Brokerage commissions incurred when the fund trades securities
d.Custodial and transfer agent recordkeeping only
Giải thích
Rule 12b-1 under the Investment Company Act of 1940 permits a fund to use fund assets to pay for distribution and shareholder servicing, and the fee is deducted from assets annually rather than charged at the point of sale. The advisory fee, portfolio transaction costs, and custodial fees are separate expense line items disclosed in the prospectus.
Trích dẫn luật: Investment Company Act of 1940Luyện miễn phí toàn bộ 110 câu hỏi — không cần đăng ký.
Câu hỏi liên quan cùng chủ đề
- A customer wants to invest $24,000 in a fund whose next breakpoint occurs at $25,000. The representative processes the $24,000 order without mentioning the breakpoint. This conduct is best described as:
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