Username: LuckyMan Rating: Asked to: Anton Luyten Date Created: 24 May 2017 |
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Category | 46 |
Tag | Financial |
Question | What is 'Y-Share'? |
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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