Class C Shares,with Their Ongoing Higher 12b-1 Fees,may Be More

question 35

True/False

Class C shares,with their ongoing higher 12b-1 fees,may be more expensive than Class A or Class B shares over a long period of time.

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Definitions:

Specific Price

This term refers to the exact price of a particular item or security at a specified time.

Put Option

A put option is a financial contract giving the owner the right, but not the obligation, to sell a specified amount of an underlying asset at a set price within a specified time.

Call Option

An agreement in finance which allows the purchaser to have the option, but not the commitment, to purchase a certain amount of a specific asset at a pre-agreed price during a fixed period.

Specified Price

A predetermined price set in a contract or agreement, often related to sales or financial instruments.