Fund class
A fund class is a subdivision of an investment fund into different segments, each of which is linked to a different cost and fee structure and even the investment structure is partially different. The different classes are often intended for different customers. This subdivision creates different "versions" of a fund, which make it more difficult for many investors to recognize the exact advantages and disadvantages of the funds at first glance. The names of the various fund classes are by no means clearly defined, but in some cases vary not insignificantly depending on the investment company . Reasons for the subdivision of the funds are, on the one hand, the wishes of the investment companies to be able to offer different investment options to the various customers (private investors, business customers, institutional investors, etc.), on the other hand, the demand of the investors for differently designed fund models (e.g. both accumulating funds as well as distributing funds).
Different fund classes
The various fund classes are usually identified by different letters. For example, the Deutsche Bank subsidiary DWS Investments has classes I and A , which invest in shares , and class R , which consists of fixed-income securities (bonds). At other investment companies such as B. at HSBC Investments, however , the letter I stands for institutional investors.
Footnotes
- ↑ July 12, 2001, Morningstar, Confusion in the Fund Classes ( Memento of the original from October 26, 2008 in the Internet Archive ) Info: The archive link was inserted automatically and has not yet been checked. Please check the original and archive link according to the instructions and then remove this notice.
