Question

A no-load mutual fund Multiple Choice Can charge a 12b-1 fee of up to 0.25% of its assets. Is available only via the Internet. Charges commission when you buy shares. Uses salespeople to sell the funds. May allow investors to pay a sales charge.

Answer 1

The correct answer is D. May allow investors to pay a sales charge.

Step-by-step explanation:

A mutual fund without a charge is a specific type of investment and is discussed below after giving a brief description of a mutual fund. A mutual fund is simply a group of money gathered from hundreds or even thousands of investors like you. Many people believe that this may be one of the best investments you can make. The manager reinvests the collective group of money in stocks, bonds and other securities.