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.
References in periodicals archive ?
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.
Note: the C-share concession would be 1% yearly, while the VA C-share would typically have a 2% concession in the first year, followed by a 1% concession.
Specifically, an investor would not be allowed to pay more "ongoing sales charges" in a C-share than they would have paid upfront had they chosen that same fund's Class A share (at maximum load).
Global Banking News-23 April 2008-HSBC Infrastructure launches C-share issue(C)2008 ENPublishing - http://www.
The A- and C-share structures represent fewer than one in 10 VAs sold.
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.
ATLANTA -- Angel Oak Capital Advisors, LLC (Angel Oak), an Atlanta-based fixed income specialist focused on creating value through fundamental credit analysis and asset selection for institutional investors and individuals, is pleased to announce the (ANGLX) Angel Oak Multi-Strategy Income Fund has now launched a C-Share class (ANGCX) to help more investors access the Fund's strategy.
65%, we contrasted the VA with A-, B- and C-share mutual funds and to a managed money model to somewhat level the playing field.
The new Advisor Class of Shares will look much like a traditional C-Share class.
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.
New C-Share (No Withdrawal Charge) Products Offer Living Benefits