Investments glossary

Share Class Definition

A share class is a designation applied to a specified type of security such as common stock or mutual fund unit. Companies that have more than one class of common stock usually identify a given class with alphabetic markers, such as Class A shares and Class B shares; these carry different rights and privileges. Mutual funds also have share classes, which carry different sales charges, expense ratios, and minimum initial investment requirements.

Click to rate this post!
[Total: 0 Average: 0]

Leave a Reply

Your email address will not be published. Required fields are marked *