What is the difference between a front-end and back-end load?______.A、Front-end

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问题 What is the difference between a front-end and back-end load?______.

选项 A、Front-end funds charge a fee if the fund is redeemed early, back-end funds don’t.
B、Front-end funds don’t charge a fee, back-end funds do.
C、Front-end funds charge a fee when you buy the fund, back-end funds charge the fee at redemption.
D、None of the above.

答案 C

解析答案为C项。front-end load“前收费”。指投资者购买投资基金的收益凭证或基金股份时支付的，除了股份价款以外的附加费用。back-end load“后收费”。指投资者向投资基金出售其持有的收益凭证或基金股份时所支付的手续费。Redemption“赎回”。前收费和后收费的区别就在于前收费是在购买基金时支付，而后收费是在赎回基金时支付。故本题选C项。

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