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  • The SEC and FINRA could do investors a great service by completely doing away with Class B and C shares, as well as all those other marketing-created share classes fund companies have concocted. I personally don't put annual expenses as the first screen, since there are managers who have demonstrated a long-term ability to out-perform peers/indexes despite higher-than-average fees. Fees are certainly important, but not the only, or the main, consideration. But if it were down to A share class, no-load class, and A-share at NAV, no question it would be easier for consumers to make an educated decision. It would also put a lot of commission salespersons out of business. Boo-hoo.
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