Question

What are the different sources of revenue to the bank for selling mutual funds ?​

Answer 1

Answer:

Most investors have heard of mutual funds, but relatively few understand how these funds really work. This is not surprising; after all, most people are not financial experts, and there are plenty of other things going on in their lives more urgent than the structure of fund companies. But some investors might make better decisions if they understood that mutual fund companies make money by charging them fees, and the size and type of charged fees vary from fund to fund. Mutual funds primarily make money through sales charges that work like commissions and by charging investors a percentage of assets under management (AUM).