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.
C-shares will be offered to all shareholders, existing and new, as of March 28, 2008.
According to the company this increase was as a result of 100 000 C-shares issued as part of the share savings programme.
Pursuant to the resolution by SES shareholders at an Extraordinary General Meeting held on March 15th, 2007, the Board of Directors also announced the repurchase and cancellation of the C-shares formerly held by GE, as well as of the corresponding number of B-shares.
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