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Why do many mutual funds currently sell 3 different classes of shares? - What are the...

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Finance

Why do many mutual funds currently sell 3 different classes ofshares? - What are the differences among the three types. - Whatfactors should you consider in choosing one type?

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Some mutual funds offer investors different types of shares known as classes Each class will invest in the same pool or investment portfolio of securities but each class will have different fees and expenses and therefore different performance results Mutual fund classes let investors pick a fee and expense structure that best fits their investment goals including the time that they expect to remain invested in the fund Each of these classes may charge a fee when you purchase shares of the fund or when you sell shares of the fund These fees known as sales loads or sales charges are generally used to compensate the investment professional who sells you shares in the fund Different classes may charge different sales loads due to the classes having    See Answer
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Why do many mutual funds currently sell 3 different classes ofshares? - What are the differences among the three types. - Whatfactors should you consider in choosing one type?

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