[whadoiknow]

Would someone mind distilling the different lettered fund series for me? Fees and implications of each? Many thanks!

 

[Jon202]

Would someone mind distilling the different lettered fund series for me? Fees and implications of each? Many thanks!

If you're referring to Mutual Funds, read the prospectus (simplified prospectus) and it will detail it for you. Each company and each fund may be different.

 

[leslie]

I think what he is referring to are the classifications for the subsets of many funds that designate that there is/not an advisor in the picture. I am pretty sure they all use the same letter (F?). And there is another letter that designates when the fund is created as a class of common equity shares where you can move between classes without triggering capital gains.

I really don't know anything about mutual funds, but I think that is what he is talking about.

 

[OntFA]

Making sense of the alphabet soup of mutual funds

by Rob Gerlsbeck, Canadian Business Online
Thursday, July 2, 2009
provided by


If you pay attention to mutual funds you've probably noticed how many have labels that seem to be straight out of Sesame Street. There are A-series funds, and R, and I and M. Others are brought to you by the letter B, D or F. I've scratched my head a few times at these classifications. Is A better than B? And if F stands for fees, do you pay higher fees or lower fees on an F-series fund?

 

[whadoiknow]

Thanks!

Thanks OntFA...that link is exactly the kind of info I was after. To other posters, sorry for my lack of clarity