You have the following information from different classes of a fund you want to invest in. Suppose you want to invest for a relatively short period (only 2 years) and you would buy shares through a broker to benefit from their advisory services. Which class of shares would fit your objective the most? Front-end load Back-end load 12b-1 fees Other expense ratio Class C Class A Class Y Class I Class A 3.0-4.5% 0% 0.55% 0.70% Class C Class Y 0% 0% 1-1.25% 0% 1.0% 0% 0.70% Class I 0% 0% 0% 0.70% 0.70%
You have the following information from different classes of a fund you want to invest in. Suppose you want to invest for a relatively short period (only 2 years) and you would buy shares through a broker to benefit from their advisory services. Which class of shares would fit your objective the most? Front-end load Back-end load 12b-1 fees Other expense ratio Class C Class A Class Y Class I Class A 3.0-4.5% 0% 0.55% 0.70% Class C Class Y 0% 0% 1-1.25% 0% 1.0% 0% 0.70% Class I 0% 0% 0% 0.70% 0.70%
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
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