B-Share
A class in a family of multi-class mutual funds. This class is characterized by a back-end load structure that is paid only when the fund is sold. Investopedia Says:
Class B funds will generally have higher management expense ratios compared to front load funds within the same family. Fund companies attempt to increase their profits while the rear load is effective because it will normally decrease in value with time until no load is charged whatsoever.
Not all fund companies follow this class structure, but it is the prominent method of distinction. Related Terms:
A-Share
Back-End Load
C-Share
Expense Ratio
Front-End Load
Load Fund
Mutual Fund
Net Asset Value - NAV
Reclassification |