What is an R2 share class?

They offer six different share classes for each of their funds used in retirement plans – “R1” through “R6” – all with exactly the same investment mandate and managers. The only difference between the share classes is the fee charged to investors. “R1” shares cost 1.44 %. “R2” = 1.37%. “R3” = 0.98%.

What is a share class conversion?

Some funds provide automatic conversions from one class to another. This means that you will begin to pay the fees and expenses charged by the class to which your shares have converted. Often, a fund’s Class B shares convert to Class A shares after a period of time.

What is a R6 share class?

R6-Class. This is a no-load class that offers shares with a fee structure that does not include a 12b-1 fee.

What does class R4 mean?

Residential, Multi-Family High-Density
R4 (Residential, Multi-Family High-Density) District. The R4 zoning district provides for the development of a wide range of high-density multi-family housing, including apartments and condominiums.

What is the difference between Class A and Class D shares?

Class D shares are less common than Class A, B or C, and their fee structure may vary greatly depending on the fund company. The most common setup involves a deferred, or back-end load, meaning a sales charge is taken when shares are sold. Another Class D fee structure has no sales load, but has an annual fee.

Is a share class conversion taxable?

Each share class is structured with its own fees and sales loads. After a specified time period, these shares are often converted to Class A shares. The conversion is a non-taxable event. 1 In addition, the share class expense ratio is often lower for Class A shares, which is an added benefit for the shareholder.

Can you change share class?

The new share class can be an existing share class or a completely new share class. Change of share class can be done for variety of reasons which we will discuss later in the blog. There are various classes of shares and details about the rights attached to them, set out in company’s articles of association (AOA).

Is Class B stronger than Class A?

The rest of Class B’s quirks aren’t as impressive in terms of raw power, but they complement each other very well. All of Class B’s students are pretty strong. No one is noticeably weak or overpowered. If one excludes Todoroki, Bakugo, and Midoriya, Class B is narrowly stronger than Class A overall.