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Class “C” Shares

A category of mutual fund shares which carries a small front-end sales charge and small redemption fees, but a larger...

Class “B” Shares

A category of mutual fund shares which charges no load fee, but imposes a redemption fee which decreases over time...

Class “A” Shares

A category of mutual fund shares which carries a front-end sales charge and usually impose an annual distribution fee (i.e.,...

Closet Indexing

An investment strategy whereby a mutual fund doesn't overtly declare that it operates as an index fund. The fund manager...