No-load funds contain no commission charges at all, with the fees simply reflected in the net asset value of the fund. A front-end load is assessed when the investor buys shares, and a back-end load is assessed when the investor sells shares.

Shares of mutual funds in class C are assessed a fixed percentage sales load each year.

As opposed to front-load shares that charge investors at the time of purchase, and back-end loads that charge at the time of sale.

The annual fee can compound investor costs over time, so this type of fund is best suited for those who intend to hold shares of the fund for less than three years.

A Class C share is a type of common stock that typically has fewer voting rights, or none at all, compared to Class A or B shares. These shares are often issued by companies to provide equity to investors or employees without diluting control among major stakeholders. Unlike Class A shares, which usually carry higher voting power, Class C shares may have other trade-offs, such as lower dividend payouts or higher fees in mutual funds. Some companies, like Google (Alphabet), use Class C shares (GOOG) to allow public investment while retaining decision-making power with founders through Class B shares. However, Class C shares can still appreciate and be traded publicly, making them attractive to investors who prioritise capital gains over voting influence.