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Business, 05.05.2020 20:01, kromer6797
Loaded-Up Fund charges a 12b-1 fee of 1% and maintains an expense ratio of 0.85% Economy Fund charges a front-end load of 2%, but has no 12b-1 fee and an expense ratio of 0.15% Assume the rate of return on both funds portfolios (before any fees) is 10% per year.
How much will an investment of $100 in each fond grow to after 1 year?
How much will an investment of $100 in each fond grow to after 8 years?
When will an investment of $100 in each fund grow to the same amount?
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Answers: 1
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Loaded-Up Fund charges a 12b-1 fee of 1% and maintains an expense ratio of 0.85% Economy Fund charge...
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