Question

You are considering purchasing shares in a typical mutual fund that has three classes of shares outstanding: Class A, Class B, and Class C. If you purchase Class C shares you will pay
A. a back-end load and no 12b-1 fees.
B. a front-end load and a small 12b-1 fee, but eventually your shares will be converted to Class A shares.
C. no front-end load but a back-end load.
D. a back-end load and full 12b-1 fees.
E. a front-end load and full 12b-1 fees.

Answer

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