The commission, or front-end load, paid when you purchase shares in mutual funds may not exceed ________.

A) 3.5%
B) 6%
C) 8.5%
D) 10%

Question

The commission, or front-end load, paid when you purchase shares in mutual funds may not exceed ________.A)  3.5%B)  6%C)  8.5%D)  10%

A'mari Weathers · Accepted Answer

Final Answer : C, Explanation :  The maximum commission, or front-end load, that can be charged when purchasing shares in mutual funds is 8.5%. This is a standard set by regulatory bodies to protect investors from excessive fees.

The commission, or front-end load, paid when you purchase shares in mutual funds may not exceed ________.

A) 3.5%
B) 6%
C) 8.5%
D) 10%

Definitions

Learning Objectives

Learning Objectives

Related questions