Class B shares have CDSCs & Class A shares have the up front sales charge.

Training Mode

Unit 1 Unit 2 Unit 3 Unit 4

All of the following are true about mutual funds EXCEPT:

Investors buy at the POP and sell at the NAV, Class B shares have an up front sales charge

Investors buy at the POP and sell at the NAV, Class B shares have an up front sales charge, Class A shares have a CDSC

Class B shares have an up front sales charge, Class A shares have a CDSC, The NAV is published once per day after 4PM ET

Investors buy at the POP and sell at the NAV, The NAV is published once per day after 4PM ET