Mutual Fund Share Classes: Front-end, Back-end, and Level-load скачать в хорошем качестве

Mutual Fund Share Classes: Front-end, Back-end, and Level-load

Did you know you can have the exact same mutual fund investment, but have four different fee structures? Follow along as Matthew Taylor from Taylor Retirement Services explains Mutual Fund Classes: A, B, C, and I. Mutual funds are a collection of stocks and/or bonds that a manager buys and sells of your behalf. Fund managers need to be compensated thus mutual fund share classes: A, B, C, or I. A shares have an up front sales charge, possibly up to 5%, based on the amount being invested. There is also an ongoing management fee of about 1%, but there is no back end surrender charge. B shares do not have an up front sales charge, but there is an ongoing management fee of roughly 1 and 3/4 % for seven years. There is also a surrender charge on the back end. C shares are best for short-term investments of 1, 3, or 5 years. There is no up front sales charge, there is a 1% surrender charge that goes away after 1 year. C shares have the highest ongoing management fee with an additional 1% that never goes away. C shares can be damaging to your growth over time. I shares, I is for Institutional, means the advisor has a large portfolio and gets group pricing. I shares are like A shares, but have no up front sales charge. Learn more about mutual fund share classes. Call us today at 1-800-482-4720 to speak with a trusted advisor. Subscribe to our YouTube Channel for ongoing investment education:    / @taylorretirementservices   Visit us at: https://TaylorRetirementServices.com/ Like us on Facebook:   / taylor-retirement-services-inc-13882430287...