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Investments glossary

Share Class Definition


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— Severin Meiland

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.

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