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    Exam 15: Mutual Funds and Exchange Traded Funds
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    A 12b-1 Fee Is a Hidden Load Because It Increases
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A 12b-1 Fee Is a Hidden Load Because It Increases

Question 109

Question 109

True/False

A 12b-1 fee is a hidden load because it increases a shareholder's earning power each year without being described as a sales commission.

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