CFA Practice Question

CFA Practice Question

Which of the following is most likely incorrect?
A. A sales commission charged by a mutual fund is a front end load.
B. In measuring the performance of hedge funds, the survivor bias can lead to average performance being overstated.
C. A No Load Fund is one that does not charge redemption fees.
Explanation: A no load fund does not charge a front end load.

User Contributed Comments 2

User Comment
vncld As far as I know, a NO LOAD fund doesn't charge any redeption fees....
myron vncld: that's by definition. It's not clear if a no load fund charges redemption or not.
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