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Mutual Fund Share Class

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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.


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Goldsmith spearheaded NASD's investigations in a number of precedent- setting areas, including its probes of IPO allocation practices by major securities dealers, research analyst conflicts of interest, arbitration abuses, boiler room fraud, mutual fund share class sales practice abuses, hedge fund marketing practices and sales of variable annuities and variable life products by retail brokerage firms.
The firms have agreed to a remediation plan that will give affected customers the opportunity to convert their holdings to a more financially advantageous mutual fund share class.
The Liberty Fund is available in mutual fund share class A and C.
 
 
 
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