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Which of the following statements about mutual fund fees is accurate?

Which of the following statements about mutual fund fees is accurate?

A.

the management group receives a fee based upon the amount of assets in the fund

B.

the sponsor receives a management fee for buying and selling the fund’s portfolio securities

C.

the management group receives part of the sales charge in addition to a management fee

D.

the custodian receives part of the management fee in addition to a fee for safekeeping of the fund’s securities

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