Question

Match each fee that mutual funds charge investors with its correct description.

Tiles:
Commission, Hourly fee, Shareholding fee

Pairs:
fee for servicing the account
service charge for buying and selling investments
charges for work performed regardless of how many trades you make

Answer 1

Fee for servicing the account- Shareholding fee

service charge for buying and selling investments - Commission

charges for work performed regardless of how many trades you make- Hourly Fee

PLATO

Answer 2

Comission: service charge for buying and selling investments

Hourly fee: charges for work performed regardless of how many trades you make.

Shareholding fee: fee for servicing the account

Step-by-step explanation:

A comission is a fee that is paid to someone for doing a transaction.

An hourly fee is the amount of money charge per hour of work.

A shareholding fee is an amount paid to people for answering questions and giving information to investors.