Mutual funds often offer multiple share classes which differentiate between different methods of paying the sales loads and management fees.

Question

Quizplus · Accepted Answer

This statement is true. Mutual funds typically have different share classes that vary in terms of sales loads and management fees. These share classes are designed to provide investors with choices in how they pay for fees and expenses. Common share classes include Class A shares, Class B shares, and Class C shares. Each share class may have different expense ratios and other features.

Mutual Funds Often Offer Multiple Share Classes Which Differentiate Between