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Answer:

Across
2allows funds to spend up to 1% of fund assets annually to cover _____ and marketing costs;
4mutual funds specializing in money market instruments; $1 NAV to make them _____ bank accounts; depending on type of securities MMMFs can be taxable or tax-exempt
6money _____ deposit accounts MMDAs
Down
1the number of shares is fixed and never changes; have to buy them from another investor & have to sell them to _____ investor
2Not reported _____; Funds must report "turnover," which is related to the amount of trading; The higher the turnover, the more trading has occurred in the fund; The more trading, the higher the trading costs
3(total value of assets - liabilities)/number of outstanding _____; NAV of a MF will change every day bc the value of the assets held by the fund fluctuates
5sales charge levied on purchases of shares in some _____ funds; usual 5%; expressed as a percentage of the offering price, not NAV; A-shares

 
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