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In a newspaper quotation, which of the following letters would indicate if a mutual fund has a redemption charge?


A) N
B) R
C) FR
D) B
E) Z.

F) A) and B)
G) A) and C)

Correct Answer

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A mutual fund in which no sales charge is paid by the individual investor is called a(n) ____________ fund.


A) closed-end
B) open-end
C) no-load
D) unloaded
E) net asset value fund

F) A) and E)
G) A) and D)

Correct Answer

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