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5 Cards in this Set
- Front
- Back
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Unit investment trust
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An investment company that holds a fixed set of securities for the life of the fund.
-Often holds a set of fixed-income securities and expire after the last securities mature |
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Contingent deferred sales charge
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A redemption fee that decreases over the period you hold the fund's shares
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Class A mutual fund shares
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Pay a front end load
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Class B mutual fund shares
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-CDSC charge
-12b-1 fees -after CDSC is up, may convert to Class A |
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Class C
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Pay 12b-1 fees
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