American Bankers Association Exam CTFA Topic 6 Question 70 Discussion

Actual exam question for American Bankers Association's CTFA exam

Question #: 70
Topic #: 6

[All CTFA Questions]

The approximate per-share NAV plus any fees the fund imposes is the price:

AThat investors pay to purchase mutual fund

BThat investors receive on redemptions

CPer share NAV

DAll of these

Show Suggested Answer

Suggested Answer: D

by Kimbery at Jul 11, 2024, 03:20 AM

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8 days ago

Option D seems like the most comprehensive answer. Covers both purchase and redemption prices.

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17 days ago

Yes, that makes sense. So the correct answer is D) All of these.

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20 days ago

I agree with Dick. The per-share NAV plus any fees is the price that investors pay to purchase mutual fund and receive on redemptions.

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24 days ago

I think the answer is D) All of these.

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