The Front-End Load on These Type of Shares Is Charged

question 76

Multiple Choice

The front-end load on these type of shares is charged on new sales and is not generally incurred when these shares are exchanged for another mutual fund within the same fund family.

• A)Class A shares.
• B)Class B shares.
• C)Class C shares.
• D)Class D shares.

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Definitions:

New Equity Issue

The process of offering new shares by a company to the public or existing shareholders to raise capital.

Issue Costs

Expenses associated with the issuing of new securities, including underwriting, legal, and registration fees.

Seasoned Issues

Securities that have been publicly traded for a period of time, demonstrating stability and performance history to investors.

IPOs

Initial Public Offerings, the process by which a private company offers shares to the public for the first time.