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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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.

Educating Is Important With 529s

Civitas said the investments were funded from the company's cash resources through the recently issued C-Share.

Civitas Social Housing Closes GBP 3.9m Acquisitions of Specialist Supported Living Portfolio

I used a load-waived version of the fund and added a 1 percent fee for the financial advisor (a commission-based C-share; had there been C shares in 1987, would have produced similar results).

High anxiety

The deal includes also a paid subscription share relating to a C-share, the bank said.

-Nordea Bank to repurchase C-shares from RBS

These two parts combined provide funding for 1.00% annual C-share trail commissions.

The future of 12b-1 fees: the Financial Services Institute offers up a good primer on proposed changes to 12b-1 rules

HSBC Infrastructure launches C-share issue

The A- and C-share structures represent fewer than one in 10 VAs sold.

VA buyer profiles show where the sales are

"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.

Taking a punch: insurers never anticipated a bear market so long and deep that it would ravage their variable-products businesses--and cause them to rethink how they conduct them. (Life/Health: Annuities)

Another share class trend observed this year involves the C-share contract.

2Q variable annuity sales dip slightly to $33 billion: sales through the first six months are outpacing last year

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.

Nordea to repurchase C-shares from RBS as part of Long Term Incentive Programme 2012

Though the M&E was 1.65%, we contrasted the VA with A-, B- and C-share mutual funds and to a managed money model to somewhat level the playing field.