You are considering purchasing shares in a typical mutual fund that has three classes of shares outstanding: Class A,Class B,and Class C. If you purchase Class A shares,you will pay

Question

Quizplus · Accepted Answer

Class A shares typically have a front-end load and lower ongoing 12b-1 fees. Class B shares often have a back-end load and higher ongoing 12b-1 fees, while Class C shares usually have no front-end load but may have a higher ongoing 12b-1 fee and/or a short-term redemption fee. Therefore, Class A shares with a front-end load and small 12b-1 fee may be the best choice depending on your investment goals and objectives.

You Are Considering Purchasing Shares in a Typical Mutual Fund