One question firms launching funds typically ask is what share class should we offer -- load or no-load?
The bigger question is who are your clients going to be and what type of fee structure do they prefer? The answer should lead your decision making to how you set up your fund.
With that said, "No-load share classes, particularly those without 12b-1 fees, have grown to become the single most important share class in mutual fund sales through intermediaries," according to a new study by Strategic Insight, a business intelligence provider to the worldwide fund industry.
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