Class A Shares

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Class A Shares

Shares in a mutual fund with a front-end load. For class A shares, a certain amount of one's investment is deducted for the commission of mutual fund's salesperson. This lowers the size of the investment in the mutual fund. For example, if one invests $50,000 in a mutual fund, a certain amount, say $1,000, is deducted for the commission, resulting in only $49,000 actually being invested in the fund.
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