In the Margins

New American Funds share class designed to cut fees

October 24, 2016

By InvestmentNews

American Funds has filed with the Securities and Exchange Commission to create a stripped-down mutual fund share class. The new F3 shares will be free of commission, 12b-1 fees, as well as the sub-transfer agency fees that typically go to brokerage platforms. Read the original story from InvestmentNews.