Satya B. Mitra

And even though these classes represent ownership of the same portfolio – offered by the same fund company and managed by the same investment advisor – each share class has a different cost structure. To choose the share class that best fits with your financial goals, you need to make some basic assumptions about how much you intend to invest, how long you’re likely to hold the shares, and whether you’ll be buying more shares in the future. You also need to make sure you understand how the various fees, expenses and charges will affect your investment over time. Once you’ve put these concepts in perspective, you can then make an informed decision about choosing a share class that matches your needs, resources and time horizon.

In this guide, we’ll present information that may be helpful when it comes to mutual fund investing. You’ll find a review of common types of share classes, an explanation of fees and commissions you may be required to pay, plus other information on how to manage fund costs and where you can go to learn more. But remember, before investing in any share class of any fund, you should read the prospectus carefully to learn more about the fund’s risks, goals, fees, expenses, strategy and management. Your H.D. Vest Advisor will be happy to send you a prospectus plus other fund information and to provide assistance if you have questions.