Series 6 - Investment Company And Variable Contracts Products Representative Exam
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Class B shares are most appropriate for investors with:
A large amount to invest with a short time horizon
A
A small amount to invest with a long time horizon
B
A small amount to invest with a short time horizon
C
An unknown amount to invest with a long time horizon
D
Explanations
Class B shares are most appropriate for investors with a small amount to invest with a long time horizon. This is because shares are purchased at net asset value and the back-end load declines to nothing after 5 to 7 years.