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21 April, 07:48

Explain why the offer price is used to calculate the investment in a load mutual fund instead of the net asset value.

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  1. 21 April, 09:18
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    Answer: The correct answer is: when you purchase load mutual funds, you are charged a fee, or commission, which is added to the fund's net asset value. The total of the net asset value and the commission, called the offer price, is the price you actually pay for each share of the fund.
  2. 21 April, 10:47
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    When purchasing load mutual funds, you are charged a fee, or commission, which is added to the fund's net asset value.
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