The Redemption price of a mutual fund unit is $12 ?

Question

while the front end load charges & the back end load charges are 2% & 3% respectively. How do you calculate the Net Asset Value per unit & the Public Offer Price of the unit?

Answer 1

If it is a mutual fund rather than a 'closed end' fund or Exchange Traded Fund, the redemption price and the net asset value are the same.

To avoid the fees you cited, buy a no-load fund from Vanguard or Fidelity.