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e. In finance, a Class B share or Class C share is a designation for a share class of a common or preferred stock that typically has strengthened voting rights or other benefits compared to a Class A share that may have been created. [ 1] The equity structure, or how many types of shares are offered, is determined by the corporate charter.
Class B shares typically do not have a front-end sales load. Instead, they may impose a contingent deferred sales load and a 12b-1 fee (along with other annual expenses). Class B shares also might convert automatically to Class A shares with a lower 12b-1 fee if the investor holds the shares long enough. Class C shares might have a 12b-1 fee ...
An index fund (also index tracker) is a mutual fund or exchange-traded fund (ETF) designed to follow certain preset rules so that it can replicate the performance ("track") of a specified basket of underlying investments. [ 1] While index providers often emphasize that they are for-profit organizations, index providers have the ability to act ...
Class A share is also a way of pricing sales charges (loads) on mutual funds in the United States. In a class A share, the sales load is up front, typically at most 5.75% of the amount invested. In contrast is the class B share that does not have an upfront charge, but instead has higher ongoing expenses in the form of a higher 12B-1 fee, and a ...
Data source: Berkshire Hathaway. Last year, the robust growth of its insurance underwriting and investment units offset the macro-induced headwinds for its other non-insurance subsidiaries.
The S&P 500, an index composed of the biggest publicly traded companies in the U.S., hit another all-time high this week. And in an unusual twist, it has been financial stocks at the forefront of ...
Insulation system. The electrical insulation system for wires used in generators, electric motors, transformers, and other wire-wound electrical components is divided into different classes by temperature and temperature rise. The electrical insulation system is sometimes referred to as insulation class or thermal classification.
The following is a limited list of mutual-fund families in the United States.A family of mutual funds is a group of funds that are marketed under one or more brand names, usually having the same distributor (the company which handles selling and redeeming shares of the fund in transactions with investors), and investment advisor (which is usually a corporate cousin of the distributor).