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In the category of multi-class mutual funds, this is the class that is generally characterized by a loaded fee structure. Class A mutual fund units will normally have a front- or rear-end load, to reimburse for the sales person's commission. Not all fund companies go after this class structure; though, it is the well-known method of distinction.
Characteristically, the class A fund has a lesser management expense ratio as compared to the other classes inside the same family. This is because of the load that is further added to the acquisition cost, or redemption.
‘If correlation among security returns were perfect-if returns of all securities moved up and down together in perfect unison, diversification could do nothing to eliminate risk. T
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It is an option that can be applied anytime in its lifetime. American options permit option holders to implement the option at any time previous to and including its maturity date,
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It is a kind of preferred stock where the dividends issued will change with a benchmark, most often a T-bill rate. The price of the dividend from the preferred share is set by a fi
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