Money market funds: Multiple Choice   are modelled after money market accounts.   are insured up to $60,000.   have a minimum balance of $2,500.   earn competitive market rates of return.

Calculate the sales charge (in $) and sales charge percent for the mutual fund. (Round percents to one decimal place.) Fund OfferPrice Net AssetValue SalesCharge SalesCharge % Northstar A: MuFl A $13.45 $12.81 $   %

Select the term associated with mutual funds, ETFs and real estate that corresponds to each of the given descriptions. (Note: These are not necessarily complete definitions, but there is only one possible answer for each description.) Description This refers to a risk management technique where investors collect their money in a fund and then invest the fund into a diversified set of securities This plan is offered by most open-ended funds and allows intors to automatically receive a certain amount of money periodically This is an investment company that allocates investor funds into both income generating property and mortgage loans This is a specific type of real estate investment trust that owns and operates income-producing real This fund limits its investments to short-term, tax-exempt municipal securities Term

Suppose MajTrk has a front-end load fee of 7%. If you purchase 100 shares of this fund at the NAV, you will pay a commission of   . If, in one month, you sell the shares, you    pay a redemption fee at that time.   If you are interested only in funds without any fee, you    to use additional online resources to find no-load funds, because using only the quotations as listed in the table, it is    to determine the amount of any front-end load fee that the fund may charge.