Question

10

Answer 1

Answer:

• Returns may be lower than expected when Investors pay brokerage fees for trading.
• Returns may be lower than expected because Investors pay taxes on all income earned.

Step-by-step explanation:

Any charges or fees will lower returns. This includes front-end fees, back-end fees, brokerage fees for trading, taxes, commissions, management fees, inactivity fees, or any other fees that may be charged--they all reduce returns.

Under no circumstances will paying additional fees cause returns to be higher.