Question

In the prospectus for the Brazos Small Cap Fund, the fee table indicates that the fund...

In the prospectus for the Brazos Small Cap Fund, the fee table indicates that the fund has a 12b-1 fee of 0.35 percent and an expense ratio of 1.65 percent that is collected once a year on December 1. Joan and Don Norwood have shares valued at $43,000 on December 1.
(a)

What is the amount of the 12b-1 fee this year? (Round your answer to 2 decimal places.)
(b)

What is the amount they will pay for expenses this year? (Round your answer to 2 decimal places.)
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