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In some circles people refer to mutual fund share classes as alphabet soup. Why?

Because some fund families have lots of share classes beginning with A, B, C, some even have D, I, M, Y etc. It can look alot like the letters floating in a nice big bowl of hearty Campbell’s soup.

On a more serious note, people often ask me to explain to them why mutual funds have different share classes?

Continue Reading “Opening the conversation on mutual fund share classes”