📝 Series 7 Question of the Day — August 12, 2026

An investor made a significant purchase of a mutual fund on July 15th and another on August 20th. On November 15th of the same year, the investor decides to sign a Letter of Intent (LOI) to qualify for a breakpoint. Which of the investor's prior purchases may be included to help satisfy the LOI?

A) The July 15th purchase only.

B) The August 20th purchase only.

C) Both the July 15th and August 20th purchases.

D) Neither purchase can be included.

💬 Drop your answer in the comments! The answer & explanation will be revealed tomorrow.

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Topic: Investment Products and Recommendations