UnThreaded | Threaded | Whole Thread (19) | Ignore Thread Prev | Next
Author: pauleckler Big funky green star, 20000 posts Top Favorite Fools Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 75539  
Subject: Re: New 401k Plan Date: 6/4/2005 1:48 PM
Post New | Post Reply | Reply Later | Create Poll . Report this Post | Recommend it!
Recommendations: 1
"The R-5 is listed as the class of the fund, other than that I am not really sure. For instance, the Putnam funds all seem to be Class Y. The American Funds all seem to be Class R-5. Not sure what that really means though as I haven't found a breakdown of different classes."

Just for reference, in mutual fund parlance, A shares are front loaded, B shares are back loaded, C shares are usually low back loaded but funded by 12b-1 fees and become A shares after some period.

Class Y shares are usually called advisor shares. They probably have a special negotiated rate. Or they may have extra large minimums and then extra low expense ratios (such as Vanguard's Admiral shares).

I have not heard of Class R, but again it is probably a special rate.

They all refer to the fee structure by which the people who run the account are compensated for the role they play in selecting that fund for your plan. Usually the fees involved cost you a fraction of a percent, but sometimes they can be higher. That's why you want to check them out.
Post New | Post Reply | Reply Later | Create Poll . Report this Post | Recommend it!
Print the post  
UnThreaded | Threaded | Whole Thread (19) | Ignore Thread Prev | Next

Announcements

The Retire Early Home Page
Discussion on accelerating retirement day.
Post of the Day:
Value Hounds

Kate Spade's Wild Ride
What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Community Home
Speak Your Mind, Start Your Blog, Rate Your Stocks

Community Team Fools - who are those TMF's?
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and "#1 Media Company to Work For" (BusinessInsider 2011)! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.
Advertisement