Multiple choice

Agents are compensated by mutual funds

  1. through salaries

  2. through commissions

  3. through an annual fee

  4. not in cash but in kind

Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

Mutual fund agents are compensated through commissions (upfront and/or trail) rather than salaries, annual fees, or in-kind payments. Commissions are typically calculated as a percentage of the investment amount or assets under management.