Another name for a mutual fund that charges a contingent deferred sales load is a class ____________ fund.

Question

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Class B mutual funds typically have a contingent deferred sales load, which means investors will pay a fee when they sell their shares, usually within a few years of purchasing them. This fee gradually decreases over time and eventually goes away altogether, so long-term investors may find that Class B shares are a good choice. Class A, C, D, and E shares may all have different fee structures and sales loads.

Another Name for a Mutual Fund That Charges a Contingent