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C-THR82-2105 - SAP Certified Application Associate - SAP SuccessFactors Performance and Goal Management 1H/2021

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NEW QUESTION: 1
Which of the following statements about mutual fund fees is accurate?
A. the sponsor receives a management fee for buying and selling the fund's portfolio securities
B. the management group receives part of the sales charge in addition to a management fee
C. the custodian receives part of the management fee in addition to a fee for safekeeping of the fund's
securities
D. the management group receives a fee based upon the amount of assets in the fund
Answer: D
Explanation:
the management group receives a fee based upon the amount of assets in the fund. The
management fee is based upon the fund's assets. The sale charge in choice C is received by the fund
sponsor (underwriter), which could include the management group but not necessarily.


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