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  • Added for You - Understanding Mutual Fund Classes: Not Always as Easy as A, B, C

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    u will pay an upfront sales charge, taken out of your initial investment. These sales charges (or "loads") usually range from
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    Before you buy a mutual fund, you'll want to do some research. What is the fund's investment philosophy? Who manages it? How diversified are its holdings? Then, after you've done your homework, you'll have to use it for the right class. Specifically, you may need to choose which type - or "class" - of mutual fund shares you want to buy.

    The most common classes are "A," "B" and "C." Which is right for you? Let's take a look at all three:

    · Class A shares - When you buy Class A shares, you will pay an upfront sales charge, taken out of your initial investment. These sales charges (or "loads") usually range from

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    diversified are its holdings? Then, after you've done your homework, you'll have to use it for the right class. Specifically, you may need to choose which type - or "class" - of mutual fund shares you want to buy.

    The most common classes are "A," "B" and "C." Which is right for you? Let's take a look at all three:

    · Class A shares - When you buy Class A shares, you will pay an upfront sales charge, taken out of your initial investment. These sales charges (or "loads") usually range from

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    you may need to choose which type - or "class" - of mutual fund shares you want to buy.

    The most common classes are "A," "B" and "C." Which is right for you? Let's take a look at all three:

    · Class A shares - When you buy Class A shares, you will pay an upfront sales charge, taken out of your initial investment. These sales charges (or "loads") usually range from

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    "B" and "C." Which is right for you? Let's take a look at all three:

    · Class A shares - When you buy Class A shares, you will pay an upfront sales charge, taken out of your initial investment. These sales charges (or "loads") usually range from

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    u will pay an upfront sales charge, taken out of your initial investment. These sales charges (or "loads") usually range from 3 percent to 6 percent. So, for example, if you pay $10,000 for a mutual fund that has a 5 percent load, $500 of your money will go for the sales charge, with $9,500 used to buy shares. Class A shares may also impose a "12b-1 fee" to cover marketing and distribution expenses. These 12b-1 fees are fairly low-- about 0.25 percent annually. Class A shares traditionally have the lowest ongoing expenses of any class.

    · Class B shares - If you purchase Class B shares, you don't pay a sales charge r

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