IIA Exam IIA-CFSA Topic 2 Question 52 Discussion

Actual exam question for IIA's IIA-CFSA exam

Question #: 52
Topic #: 2

There are different classes of mutual funds. Classes that typically do not have a front-end sales load. Instead they may impose a contingent deferred sales load and a 12b-1 fee (along with other annual expenses) is called:

AClass A

BClass B

CClass C

DBoth B&C

Show Suggested Answer

Suggested Answer: B

by Tawna at May 19, 2024, 02:43 PM

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Raina

7 months ago

If I had a nickel for Mingry time I saw a question like this, I'd be a rich woman. D is the clear winner here.

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Gertude

7 months ago

I'm feeling lucky today, so I'm gonna have to go with C. Class C funds are where it's at, baby!

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Tula

7 months ago

I like Class B funds because of the potential for higher returns.

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Chu

7 months ago

I prefer Class A funds because of the lower expenses.

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Donte

7 months ago

I think Class C funds are a good choice too.

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Ming

7 months ago

Hmm, this is a tricky one. I'm going to have to go with D - can't beat the dynamic duo of B and C!

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Nobuko

7 months ago

This is a no-brainer. B and C are the way to go. Who needs a front-end load anyway? That's so 90s.

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Renea

7 months ago

Definitely gotta go with D. Can't go wrong with both B and C, am I right?

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Elke

6 months ago

D is definitely the safest bet. It includes both B and C.

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Velda

6 months ago

I think D is the best choice too. It covers both options.

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Malinda

7 months ago

I agree, D is the way to go. Both B and C covered.

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Delbert

8 months ago

C seems like the right choice to me. Class C funds have those features, plus they sound more 'cool' than A or B.

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Linn

6 months ago

Yes, Class C funds typically have a contingent deferred sales load and a 12b-1 fee.

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Susana

7 months ago

I agree, Class C funds do sound cooler than A or B.

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Dominque

7 months ago

Yes, Class C funds typically have a contingent deferred sales load and a 12b-1 fee.

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Tamekia

7 months ago

I agree, Class C funds do sound cooler than A or B.

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Eugene

8 months ago

D is the correct answer. Class B and Class C funds typically have a contingent deferred sales load and a 12b-1 fee, but no front-end load.

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Shonda

7 months ago

User 2

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Nohemi

7 months ago

User 1

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