alleryStart learning →What is a share class in a mutual fund?
AA separate fund with a different portfolio
BFee combinations over the same portfolio
CA ranking of the fund by its risk grade
DA group of shareholders voting together
Answer & Solution
Correct answer: B. Fee combinations over the same portfolio
Share classes hold the same portfolio but differ in loads and fees, so their NAVs and results differ.
Keep practising Mutual Funds
Browse all Mutual Funds questions for CA Final, or explore more Strategicfinancialmanagement topics.
Related questions
What risk can arise when an ETF tracks assets using futures and swaps?Replication in an index ETF means doing what?An ETF arbitrage mechanism keeps which two values close?Who creates and redeems ETF shares directly with the issuer in large blocks?How does an ETF share differ from an open-end mutual fund unit?What is mismarking in securities valuation?How often are a fund's investments valued for NAV?How many units does a $50,000 investment buy in a no-load fund at NAV of $25?