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Username: LuckyMan

Rating:
Guru Stars

Asked to: Anton Luyten

Date Created: 24 May 2017
Category 46
Tag Financial
Question What is 'Y-Share'?
Advice from Guru
Hello LuckyMan,

A class of mutual fund shares that often has a high minimum investment, such as $500,000 per lot, and the added benefit of waived or limited load charges and fees. Due to the high minimum investment required, Y-shares are often only accessible by large institutional investors.

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