Complete the following crossword puzzle by using the image below. Enter your ans

Question

Complete the following crossword puzzle by using the image below. Enter your answers in the boxes after each clue. When you are done, select "save and check." Have Fun!

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1. Across: A mutual fund's expenses per dollar of assets, the ratio is a measure of a mutual fund's efficiency in managing cost, and is determined as the fund's total expenses divided by the fund's asset holdings. (Two Words) 2. Across: The basic value of a share of mutual fund stock and calculated as the total assets of the fund less the total liabilities of the fund (Two Words) 3. Across: A mutual fund created with a specified and fixed number of shares available for investment, and which is traded in the secondary market. (Two Words) 4. Across: A fund with a sales charge payable at exit the rather than at the time of purchase. (Two Words) 5. Across: A company which pools the funds of investors and invests them to achieve certain stated objectives. (Two Words) 1. Down: The sales fee or commission charged for the purchase of some mutual funds. 2. Down: Name given to a group of funds all sponsored by the same entity. 3. Down: A mutual fund which buys and sells its own shares, and which can create new shares as demand for the shares increases. (Two Words) 4. Down: A formal process for investors to buy additional shares of a mutual fund automatically with earnings from that fund. (Two Words) 5. Down: Fees intended to cover the cost of both marketing and the distribution of investment company shares. These fees, also known as 12(b)-1 fees.

Explanation / Answer

1 a. - Expense Ratio

2 a - Net Asset

3 a - Index Fund

4 a - Back End

5 a - Investment Company

1 d - Load

2 d - Equity

3 d - Open End

4 d -

5 d -

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