C-Share

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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 ?
These ordinary shares entitle to one vote per share, while the C-shares entitle to 1/10 vote per share.
The top five most-traded stocks in the region are Facebook, Bank of America, Apple, Halliburton and C-shares of Google parent Alphabet.
BANKING AND CREDIT NEWS-April 24, 2012--Nordea Bank to repurchase C-shares from RBS(C)2012 M2 COMMUNICATIONS http://www.
2m own C-shares to the private equity owners of Leaf.
I used $500,000 worth of C-shares of this fund, which declined by about 30% in 2008.
Many advisors say that the proposal makes sense, as C-shares are best-suited for short/mid-term holding periods anyway and clients with longer-term holding periods should be in A-shares.
HSBC Infrastructure Company (HICL), a unit of HSBC Holdings Plc (LSE: HSBA) (NYSE: HBC) (HKG: 0005), has launched a placing and offer for subscription of C-shares worth up to GBP145m.
According to the company this increase was as a result of 100 000 C-shares issued as part of the share savings programme.
According to the company, this change is as a result of a new share issue of a total of 3,120,000 C-shares.
NORDIC BUSINESS REPORT-September 3, 2015-TradeDoubler announces issue of C-shares under authorisation from AGM