Investopedia explains 'C-Share'
Investors who plan to withdraw funds within a year may want to avoid C-shares because of the back-end load that is typically charged on short-term redemptions. At the same time, the higher ongoing expenses associated with C-shares make them an unappealing option for long-term investors. Countless mutual funds offer both low ongoing expenses and no front- or back-end loads, so it is easy to avoid the drawbacks associated with C-shares. Higher mutual fund fees are not associated with higher mutual fund returns.
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