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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Carmen

1 months ago

NAV? More like 'not a viable' answer, amirite? This is why I stick to index funds - no hidden fees, just pure index goodness.

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Rory

1 months ago

Wait, is this a trick question? Are they trying to get us to buy high and sell low? Gotta watch out for those crafty mutual fund managers!

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Vicente

1 months ago

Hmm, this one's a bit tricky. I'm leaning towards B since that's the price investors receive on redemptions.

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Tracey

6 days ago

I agree, it makes sense that it would be all of these.

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Adolph

15 days ago

I think it's D, all of these.

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Herminia

1 months ago

I agree with Chaya. The question is specifically about the price, not just the NAV. D is too broad.

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Roslyn

14 days ago

C) Per share NAV

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Mirta

16 days ago

B) That investors receive on redemptions

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Catina

23 days ago

A) That investors pay to purchase mutual fund

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Chaya

2 months ago

A and B look like the correct answers to me. The question is asking about the price, not just the NAV.

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Cherry

9 days ago

D) All of these

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Stephaine

17 days ago

B) That investors receive on redemptions

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Zona

1 months ago

A) That investors pay to purchase mutual fund

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Selma

2 months ago

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

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Lourdes

4 days ago

I always go for the option that covers all the bases.

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Carole

14 days ago

Definitely, makes it easier to understand how the pricing works.

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Jenise

16 days ago

It's convenient to have all the information in one answer.

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Kanisha

1 months ago

I agree, option D covers both purchase and redemption prices.

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Bulah

1 months ago

Yes, Option D is the correct answer. It includes both the purchase and redemption prices.

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Bulah

2 months ago

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

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Daniel

2 months ago

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

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Shantay

2 months 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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Dick

3 months ago

I think the answer is D) All of these.

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