Why Do Many Mutual Funds Now Offer Three Different Classes

question 46

Essay

Why do many mutual funds now offer three different classes of shares? What are the differences and what should you consider in choosing the classes?

---

Definitions:

Spore

A reproductive cell that gives rise to individual offspring in plants, fungi, and certain algae and protozoa.

Vascular Tissues

Specialized tissues in plants involved in the transport of water and nutrients.

Fernlike Trees

Trees with a growth pattern or leaf design resembling ferns, often used to describe certain ancient tree species that existed prehistorically.

Mega Fossils

Large fossils that are easily visible without the aid of magnification, typically including bones, shells, and teeth, which can provide significant insights into the life forms that existed in the past.