12b-1 fees are charged to pay for O management fees, such as the fund's management and transactions. operational expenses, such as printing and mailing, of a mutual fund. O taxes and regulatory fees, such as the SEC and FINRA fees and levies. O distribution expenses, such as sales, marketing, and advertising, of the fund.

12b-1 fees are charged to pay for O management fees, such as the fund's management and transactions. operational expenses, such as printing and mailing, of a mutual fund. O taxes and regulatory fees, such as the SEC and FINRA fees and levies. O distribution expenses, such as sales, marketing, and advertising, of the fund.

Pfin (with Mindtap, 1 Term Printed Access Card) (mindtap Course List)

7th Edition

ISBN:9780357033609

Author:Randall Billingsley, Lawrence J. Gitman, Michael D. Joehnk

Publisher:Randall Billingsley, Lawrence J. Gitman, Michael D. Joehnk

Chapter13: Investing In Mutual Funds, Etfs, And Real Estate

Section: Chapter Questions

Problem 3LO

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Similar questions

Which of the following organizations/entities does a mutual fund appoint to collect money received fromthe fund's purchasers and from portfolio income, as well as to arrange for cash distributions? a) A fundcustodian. b) A fund distributer c) A fund principal. d) A fund manager
Under SEC rules, the managers of certain funds are allowed to deduct charges for advertising, brokerage commissions, and other sales expenses directly from the fund assets rather than billing investors. These fees are known as ____________. Group of answer choices front-end loads 12b-1 charges back-end loads direct operating expenses
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