This podcast is made by Ran Chen, who holds an EA license, Insurance and Securities licenses (Series 6, 63, 65), and CFP designation. He is passionate about opening up information to help everyone prepare better for financial certification exams. This episode covers content for the Series 6 Exam.
In this episode you will learn:
- The key differences between Class A, B, and C mutual fund shares.
- How front-end loads, back-end loads (CDSCs), and level loads impact an investment.
- How breakpoints on Class A shares can reduce sales charges for large investments.
- To identify common suitability traps tested on the exam, matching share classes to client time horizons and investment amounts.
- A simple mnemonic to easily recall the fee structure of each share class.
For more resources visit https://open-exam-prep.com/ and connect on LinkedIn at https://linkedin.com/in/chenran818
![[Series 6] 3, Mutual Fund Share Classes](https://artwork.captivate.fm/abe4183a-4dfa-4a03-97da-92d15c5d473d/_bZUi6Yzjq6h3zQu_ZsaQB5Y.jpeg)