In a family of multi-class mutual funds, this is the class that is usually characterized by a loaded fee structure. Class A mutual fund units will commonly have a front- or rear-end load, to compensate for the sales person's commission. Not all fund companies follow this class structure; however, it is the prominent method of distinction.


Typically, the class A fund has a lower management expense ratio compared to the other classes within the same family. This is due to the load that is added to the acquisition cost, or redemption.

  1. Back-End Load

    A fee (sales charge or load) that investors pay when selling ...
  2. C-Share

    A class of mutual fund with a level load. Class C shares don't ...
  3. Net Asset Value - NAV

    A mutual fund's price per share or exchange-traded fund's (ETF) ...
  4. Expense Ratio

    A measure of what it costs an investment company to operate a ...
  5. Load Fund

    A mutual fund that comes with a sales charge or commission. The ...
  6. Front-End Load

    A commission or sales charge applied at the time of the initial ...
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