Whats the difference of mutual fund, class A, B. C, R and Institutionalized shares?

A shares: pay a load (fee) up front. As you cross certain thresholds (ie: 25K, 50K, 100K, etc) the load generally decreases. There is no cost to see the shares. Internal expenses are generally the lowest of a,b,c shares.

B: don't pay upfront load. back ended load if you sell it with in first 5-6 years...load gets less every year. Converts to A shares after 6-8 years. expense ratio usually .8-1% higher than A shares.

C: no cost to buy. General 1% penalty if you sell in less than a year. expense ratio generally .8-1% higher than A shares for 10 years...then converts to class F where expenses are close to A shares.

R: generally found within 401K plans.

Typically the class of fund dictates the fee structure. A funds are front end loads, B funds are back end loads, C funds are no load funds and R funds are Redemption load funds. These classes differ from fund to fund, you have to read the prospectus to determine what the classification means for any fund your contemplating purchasing.

Tags

　　Online Investment 　　Online Business 　　Offshore Investment 　　Mutual Fund 　　Money Market Funds 　　Money Investment 　　Managed Fund 　　Make Money

Related information

So does "no load" mutual fund mean that you do not have to have a lot of upfront cash to buy in?

Example. You鈥檝e received that big bonus you鈥檝e been waiting for, or perhaps you expect a sizable tax return you鈥檇 like to put to work for your financial future. The stock market is where many have ...

Hi, Can I buy Mutual fund in spouse name and still claim tax deduction under sec 88? Pls give link from net.?

What Mr. Kumar R said is correct. If you have already purchased it it is OK. Otherwise I suggest you to buy in Joint names (Either or Survivor), keeping your name first. It is always best pra...

Is there a best Mutual Fund for a retired upper middle classed couple?

Since you're both relatively young retirees (at middle age), you have a particularly difficult challenge in that you'll have to outpace inflation since you'll be living longer in ret...

What is a good (free) program for displaying mutual fund histories?

There is free software, downloadable, named Open Office. Within this this software suite, there is a spreadsheet. This spreadsheet would be a handy way to do the job. In Yahoo/Search, enter &...

How long has the mutual fund DSM by Dryfuss been established?

Dreyfus Strategic Muni Bond Fund (DSM) was started on 11/01/2001. So it was established five years, one month and two days ago.

...

If NAV of a mutual fund is increased by 10% within 2 years then what is its absolute increase per year?

10% increase in two years amounts to 4.88% average per year, not including dividends. That is because 1.0488 squared equals to 1.1. For small percentage and number of years just dividing by ...

I tried selling a mutual fund on Scottrade for a $17 fee and I was rejected. SHould I get my transaction fee?

Yes of course. How can they charge you for something that never occured.

...

Who is the best mutual fund?

Reliance Vision Fund go for dividend option so you will get two dividends per year & reliance equity fund is still new it will take around two to three years to give sufficient returns.

...