which is deducted when selling the shares. Class B share funds do not offer breakpoint discounts, although the CDSC decreases over a five- to an eight-year timeframe. At that point, the shares are converted to class A shares with no back-end load. Some class B share funds ...
Class B shares do not charge a front-end salesloadlike A-shares but are characterized by aback-end sales loadstructure, also known as acontingent deferred sales charge(CDSC). With back-end load charges, an investorincurs a fee when they exitthe fund rather than when they join, so all of...
CDSCCommunicable Disease Surveillance Centre CDSCConnecticut Down Syndrome Congress CDSCCommunications Distribution and Switching Center(NASA) CDSCCable Distribution and Switching Center CDSCCustom Data Services Cabinet(4ESS) CDSCCombat Data System Center ...
The load is not contingent any more than death and taxes are. (243) Investors are apt to stumble into CDSC purchases by assuming that they are in essence getting a form of no-load fund since the sales charge is hidden from view. VI. The acid test: does rule 12b-1 benefit mutual ...