Which of the following types of mutual fund shares typically does not charge a front-end sales charge but does impose a redemption fee that declines over time?
A)Class A shares
B)Class B shares
C)Class C shares
D)Class D shares

Question

Quizplus · Accepted Answer

Class B shares typically do not have a front-end sales charge but instead impose a back-end load or redemption fee that decreases over time, often disappearing after several years.

Which of the Following Types of Mutual Fund Shares Typically