Sản phẩm & Rủi roCâu 119 / 398
Rights of accumulation allow a mutual fund investor to:
a.Redeem shares free of any tax
b.Count the current value of existing holdings toward reaching a breakpoint on new purchases
c.Receive dividends in cash without reinvestment
d.Buy Class B shares at the Class A price
Giải thích
Rights of accumulation let an investor qualify for a breakpoint (reduced sales charge) by adding the current value of shares already owned to a new purchase. Unlike a Letter of Intent, there is no time limit and no obligation to invest a set future amount; the benefit accrues as holdings grow.
Trích dẫn luật: Investment Company Act of 1940Luyện miễn phí toàn bộ 398 câu hỏi — không cần đăng ký.
Câu hỏi liên quan cùng chủ đề
- An index fund is designed to:
- Under FINRA rules, the maximum sales charge on the purchase of open-end mutual fund shares generally may not exceed:
- When an investor redeems open-end mutual fund shares, the fund must generally send payment within:
- When a customer purchases newly issued open-end mutual fund shares, the customer must be provided:
- The taxable-equivalent yield of a municipal bond is used to:
- Interest paid on most general obligation municipal bonds is:
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