Financial

C-Share

C-Share

A class of mutual fund with a constant load. The load is a fee that the investor pays in order to maintain his/her investment in a mutual fund; it is designed to cover the fund's costs. A constant load, unlike a front-end or back-end load, is paid on an ongoing basis, usually annually. See also: 12b-1 fee.
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References in periodicals archive
Generally speaking, 529 college savings programs are either direct-sold through state-sponsored investment providers or sold by advisers with a broker/dealer (B/D), who earn a commission on either an A- or a C-share, says Glenn Sulzer, senior analyst with Wolters Kluwer Legal & Regulatory U.S.
Civitas said the investments were funded from the company's cash resources through the recently issued C-Share.
The deal includes also a paid subscription share relating to a C-share, the bank said.
Global Banking News-23 April 2008-HSBC Infrastructure launches C-share issue(C)2008 ENPublishing - http://www.enpublishing.co.uk
"Some companies have had to close their fixed accounts in certain products, particularly in C-share contracts, in which there is no surrender charge," she said.
The acquisition also includes a so-called interim share, designated by Euroclear Sweden AB as a 'paid sub-scription share' (Swedish BTA) relating to a C-share.
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