Mutual fund fees are disclosed in the fund prospectus.
True
False
True,
A mutual fund is required to disclose its shareholder fees and operating expenses in the form of a standardized fee table in its prospectus.
True or False A mutual fund objective statement provides general information about the types of securities a mutual fund will hold as assets.
Fidelity, Putnam, Janus, and Vanguard are examples of mutual fund companies: True or False
You can arrange with a mutual fund company to automatically reinvest your returns true or false?
QUESTION 1 You are given the following information extracted from the prospectus of a mutual fund; NAV beginning of period $45.50 Net investment income $2.25 Net realized and unrealized; Gain(loss) from investments $2.00 Distributions; Net investment income $1.40 Net realized gain $1.50 What is the NAV at the end of the period is?
. Mutual fund performance is reported NET of the expense ratio (e.g. after fees). Do fees explain the performance difference over the short and long-term?
Mutual fund expense ratios include all of the following except? a. Management fees. b. 12b-1 fees. c. Operating expenses. d. Investment losses. Which of the following is not an investment company? a. Closed-end fund. b. ETF. c. UIT. d. CMO.
Hidden mutual fund fees include 1. differences in the bid-ask spread 2. 12 (b-1) fees 3. load fees 4. all the above
A "sector fund" is a member of a mutual fund company's family of funds that specializes in a specific set of industries. true or false?
Which of the following is true? A covered member's financial interest in a mutual fund is a direct interest in the fund. A covered member's financial interest in a mutual fund is an indirect interest in the fund. A covered member's financial interest in a diversified mutual fund is a direct interest in the fund's underlying investments. A covered member's financial interest in an undiversified mutual fund is a direct interest in the fund's underlying investments.
QUESTION 27 Mutual fund management fees may include: a. Front-end loads. b. Investment advisor fees. c. 12b-1 charges. d. All of the above. QUESTION 28 In January of this year, Colin invested in the Alpha Aggressive Growth & Accumulation Fund (Alpha). The fund had NAV per share of $21.60 in January of this year. On December 31 of the same year, the fund’s NAV was $26.98. Income distributions were $0.90 and the fund had capital distributions of $1.20. What rate...