Mutual funds charge a front-end load, or sales charge, when an investor purchases Class A shares. That means that a specific percentage of the investor's investment is used to pay a commission. This front-load can range from 5% to 8.5% or higher. Class A shares also involve o...
How Mutual Funds Work Mutual funds are defined as a portfolio of investments funded by all the investors who have purchased shares in the fund. So, when an individual buys shares in a mutual fund, they gain part-ownership of all the underlying assets the fund owns. The fund's performance ...
Related to Class of Mutual Fund Shares:No Load Mutual Funds ThesaurusAntonymsRelated WordsSynonymsLegend: Switch tonew thesaurus Noun1.classified stock- common stock classified as A or B where A has certain advantages (e.g., voting power) that B does not ...
Class B share funds charge a "back-end load," also called a "contingent deferred sales charge" (CDSC). These shares are the opposite of class A shares, which means you'll pay a percentage of the dollar value of shares sold. You don't pay any fees upfront, but you do pay when you...
Related to Class of Mutual Fund Shares:No Load Mutual Funds Classified stock The division ofstockinto more than oneclassofcommon stock, usually called Class A and Class B. The specific features of eachclass, which are set out in thecharterand bylaws, usually give certain advantages to the Cla...
The ABCs of Mutual Funds // Fees Depend on Class of SharesELLEN E. SCHULTZ
any funds. Fidelity will charge a short term trading fee each time you sell or exchange shares of FundsNetwork No Transaction Fee (NTF) funds held less than 60 days (short-term trade). 2. The Fund Evaluator is provided to help self-directed investors evaluate mutual funds based on their ...
Unlike ETFs, many mutual funds offer more than one class of shares. This structure allows you to select a share class that's best suited to your time horizon. Investor shares Sometimes known as "retail" shares, these are typically no-load funds and impose a moderate expense ratio. ...
12Performance for Class I shares includes the performance of the fund's Class A shares, adjusted to take into account differences in sales loads and class-specific operating expenses (such as 12b-1 fees), if any, for periods prior to their offering. Please see the prospectus for additional ...
MutualFunds Amutualfundisaprofessionally-managedcollectiveinvestmentvehiclethatpoolsmoneyfrommanyinvestorsbysellingthemsharesandthenusesthefundstoinvestinsecuritiesaccordingtoprespecifiedinvestmentobjectiveandapproachinitsprospectus.Investors,likeshareholdersofacompany,takethelossandgainproportionaltotheirinvestment.Advantages...