A growing number of mutual fund companies now offer an option of A shares or B shares or C shares.Which of the following is true about the different classes.

Question

Quizplus · Accepted Answer

Different classes of mutual fund shares typically have different fee structures, which can affect the overall return for an investor. A shares typically have higher upfront fees, but lower ongoing expenses, while B and C shares often have lower upfront fees but higher ongoing expenses. It's important for investors to carefully consider the fee structure of each share class before making a decision. The other options (B and C) are not necessarily true for all funds with different share classes.

A Growing Number of Mutual Fund Companies Now Offer an Option