Question 2184 of 3960 from exam CFA® LEVEL 1: CFA® Level 1

SIMULATION -

Bob Kramer, CFA, manages money for high net worth clients. Kramer creates an investment portfolio tailored to his clients' specific needs using mutual funds.

Kramer is considering the following Emerging Market Fund and uses a live year time frame. Exhibit 1 details the Emerging Market Fund's fees and expenses.

Exhibit 1 - Fees and expenses for Emerging Market Fund

Kramer expects the Emerging Market Fund to earn 12% per year.

Select the class of Emerging Market Fund shares that are most appropriate for Kramer's clients.

C Class C -