Products第 5 / 110 题
Under FINRA rules, an open-end fund may impose the maximum permitted sales charge of 8.5% only if it offers which combination of features?
a.A no-load share class, quarterly dividends, and daily liquidity
b.A guaranteed minimum return, breakpoints, and monthly statements
c.Breakpoints, rights of accumulation, and reinvestment of dividends at net asset value
d.Rights of accumulation, a letter of intent, and a contingent deferred sales charge
解析
FINRA conditions the 8.5% maximum on the fund giving investors quantity discounts (breakpoints), rights of accumulation, and the ability to reinvest distributions at NAV; a fund lacking any of these must charge less. No fund may guarantee a return, and offering a no-load class is not a condition of charging a load. A letter of intent and a CDSC are optional features, not the required trio.
法律依据: FINRA Rule 2341 (Investment Company Securities)免费刷完整 110 道题库 — 无需注册。
同考点相关题目
- A customer calls at 11:00 a.m. and places an order to buy shares of a mutual fund that prices its portfolio once daily at the close of the market. Which price will the customer receive?
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- Which statement about a letter of intent (LOI) for mutual fund breakpoints is correct?
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