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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:

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Suggested Answer: D

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

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Carmen
19 days 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
21 days 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
22 days 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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Herminia
29 days ago
I agree with Chaya. The question is specifically about the price, not just the NAV. D is too broad.
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Catina
7 days ago
A) That investors pay to purchase mutual fund
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Chaya
1 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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Stephaine
1 days ago
B) That investors receive on redemptions
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Zona
21 days 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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Kanisha
16 days ago
I agree, option D covers both purchase and redemption prices.
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Bulah
25 days ago
Yes, Option D is the correct answer. It includes both the purchase and redemption prices.
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Bulah
1 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
2 months ago
I think the answer is D) All of these.
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