Sản phẩm & Rủi roCâu 63 / 398
An investor plans to make a large lump-sum investment and hold it for 20 years. Which mutual fund share class is generally most cost-effective for this investor?
a.Class C shares, because of the level 12b-1 fee
b.Class A shares, because of front-end breakpoint discounts and lower ongoing fees
c.Class B shares, because the sales charge disappears immediately
d.Any class, because total costs are identical over time
Giải thích
Class A shares charge a front-end sales load but offer breakpoint discounts on large purchases and typically carry the lowest ongoing 12b-1 fees. For a large, long-term investment, the reduced annual expenses usually outweigh the up-front charge, making Class A the most economical choice.
Trích dẫn luật: FINRA Rule 2341Luyện miễn phí toàn bộ 398 câu hỏi — không cần đăng ký.
Câu hỏi liên quan cùng chủ đề
- An investor seeking regular income with more safety than common stock, but a higher fixed payment priority, would MOST likely choose:
- Which feature is characteristic of an open-end investment company (mutual fund)?
- A mutual fund has total assets of $50 million, total liabilities of $2 million, and 4 million shares outstanding. What is the net asset value (NAV) per share?
- Class B mutual fund shares are best described as shares that:
- An investor wants to invest a modest amount for only about two to three years. Which share class is often most appropriate?
- A Letter of Intent in a mutual fund purchase allows an investor to:
Cập nhật gần nhất: · quy trình kiểm tra
Đội Ngũ Biên Tập PrepPass · Đối chiếu với FINRA Securities Industry Essentials (SIE) Exam · Quy trình kiểm tra