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FYI: The Department of Labor fiduciary rule was expected to usher in a new era of mutual fund share classes that were more transparent and leveled the playing field for advisers.
Weird headline. I don't know about you, but when I hear T shares I think about Janus, e.g. JSCVX ($2.9B), JATTX ($11B), etc.
With only $145M total AUM in those newfangled "transaction" class shares (per article), I'd completely forgotten about them. Not to mention that I'd never pay a 2.5% load when fund companies are waiving A share loads left and right.
Comments
With only $145M total AUM in those newfangled "transaction" class shares (per article), I'd completely forgotten about them. Not to mention that I'd never pay a 2.5% load when fund companies are waiving A share loads left and right.
Regards,
Ted
https://nbc.com/saturday-night-live/video/reach-out/n8911