Which of these funds typically charge a sales fee when the fund is sold?
I. Funds with contingent, deferred sales loads
II. Funds under 12b-1 plans -
III. Low-load funds -
IV. No-load funds -
V. Closed-end funds -
Click on the arrows to vote for the correct answer
A. B. C. D. E. F.D
Funds with contingent, deferred sales load charges sales fee if the shares are sold before a certain duration, low-funds charge a small sales fee. Not all funds under the 12b-1 plan do necessary charge sales fee. Closed-end funds trade at a discount usually to the NAV.