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Unformatted text preview: Asset Value is the per share value of the securities in a fund’s portfolio. =(Market value of securities‐
liabilities)/(Number of shares outstanding) Annual Expenses (Mutual Funds) Annual costs deducted from fund assets before earnings are distributed to shareholders. Expressed as a percentage of funds under management. Load A sales charge either at the time of purchase (front‐end load) or at the time of redemption (back‐end load). Mutual Fund Share Classes Class A: typically charge a front‐end load along...
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- Spring '14