Class C Shares of a Mutual Fund Usually Convert to Class

question 90

True/False

Class C shares of a mutual fund usually convert to Class A shares after some length of time which may be as long as 6 to 8 years.

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Definitions:

Attracted

Feeling drawn to or having a strong interest in something or someone, often on a physical, emotional, or intellectual level.

Women

Adult human females.

Halo Effect

A cognitive bias where an individual's overall impression of a person, brand, or product influences their feelings and thoughts about that entity's character or properties.

Positive Attribute

A desirable or beneficial characteristic or quality that a person or thing possesses.