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


12b-1 distribution fee


account maintenance fee


revenue-sharing fee


shareholder service fee


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25 percent broker fee charged against the mutual fund for servicing the account


$20 broker fee charged against the mutual fund


management company pays brokers 0.1 percent fee for marketing the fund


payment to companies that investors go through to buy mutual funds

Verified Answer :

shareholder service fee - 25 percent broker fee charged against the mutual fund for servicing the account

account maintenance fee - $20 broker fee charged against the mutual fund

revenue-sharing fee  - management company pays brokers 0.1 percent fee for marketing the fund

12b-1 distribution fee  - payment to companies that investors go through to buy mutual funds


I am 100% sure this is correct

Answer: shareholder service fee - 25 percent broker fee charged against the mutual fund for servicing the account

account maintenance fee - $20 broker fee charged against the mutual fund

revenue-sharing fee  - management company pays brokers 0.1 percent fee for marketing the fund

12b-1 distribution fee  - payment to companies that investors go through to buy mutual funds

Explanation: