Maryanne invested $1,000 in a mutual fund three weeks ago and noticed she was charged $85 for the purchase. Which kind of fund did she likely buy?
|a front-end load fund|
|a back-end load fund|
|a no-load fund|
|an initial load fund|
ABC Fund has 9 million shares outstanding. The fund's portfolio is now valued at $300 million and the fund owes $18 million to the fund advisors and $5 million for rent and wages. What is the net asset value of the fund?
The primary objective of ________ funds is capital appreciation.
Sometimes called a hybrid fund, the ________ fund provides investors the opportunity to benefit from stocks and bonds.
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