Solution-What is the amount they will pay for expenses this

What is the amount they will pay for expenses this year

Reference no: EM133166871

Question - In the prospectus for the Brazos Aggressive Growth fund, the fee table indicates that the fund has a 12b-1 fee of 0.65 percent and an expense ratio of 1.45 percent that is collected once a year on December 1. Joan and Don Norwood have shares valued at $36,000 on December 1.

Required -

(a) What is the amount of the 12b-1 fee this year?

(b) What is the amount they will pay for expenses this year?

Reference no: EM133166871

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What is the amount they will pay for expenses this year

Reference no: EM133166871

Reference no: EM133166871

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