$5 million plus 0.50% on amounts over $5 million. The 0.25% annual trail will begin in the 13th month.Ģ The minimum initial investment amount is $2,500, and the minimum subsequent investment amount is $50.ģ Class A shares that are received in exchange for Class A shares that were not subject to an initial sales charge when originally purchased are still subject to the CDSC scheduleĤ Concessions for purchases of $500,000 or more for municipal, taxable short duration and inflation fixed-income funds: 1.00% on amounts over $500,000 but less than For purchases of $500,000 or more, a 1% Contingent Deferred Sales Charge (CDSC) may apply for Front-end sales charges are eliminated completely for purchases of $1 million for equity and taxable fixed income funds, and for purchases of over $500,000 for municipal fixed-income funds, although a 1% one-year contingent deferred sales charge(CDSC) may apply.Īll Other AB Funds-Class A Shares 2,4,5,6 Amount of Purchaseġ For purchases under $500,000, the 0.25% trail is effective immediately. Shareholders investing more than $100,000 in Class A shares of a Fund may receive a reduced sales charge as, outlined in the chart below. The initial sales charge you pay each time you buy Class A shares differs depending on the amount you invest, and may be reduced or eliminated for larger purchases, as indicated below. The Funds may sell their Class A shares at NAV without an initial sales charge to some categories of investors, which are detailed in each Fund's prospectus.Īny applicable sales charge will be deducted directly from your investment. You can purchase Class A shares at their public offering price (or cost), which is NAV plus an initial sales charge of up to 4.25% of the offering price. UNDERSTANDING SALES CHARGES CLASS A SHARES
0 kommentar(er)
