What are mutual fund share classes and why are they important
Mutual fund share classes are little understood by the investing public, but they are important because they determine how much the investor pays in fees.
Fund classes are identified by an alphabetical letter that follows a mutual fund’s name in most newspapers.
Mutual fund “A” share classes typically have a “front-end load,” a sales charge payable when you buy the fund. This fee is used to pay…
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