Mutual Fund Share Class


Also found in: Dictionary, Thesaurus.

Mutual Fund Share Class

In mutual funds, a type of share with a particular load. The load, which is the sales fee for buying into the mutual fund, is charged at different times depending on the stock class. For example, a class A stock has a load that is paid up front, while a class B stock has a load that is paid when one sells the shares in the mutual fund.
Full browser ?