Institutional shares - It is a type of mutual fund shares of a class available to institutional investors. In this class mutual funds that is either on a load or no load basis and no 12b-1fees. With a sizeable minimum investment usually around $500,000 or more these fund will typically waive any front-end sales changes on these types of a shares. An investor my buy a big bock of mutual fund shares expect and very commonly receive a break on the commission that is charged. This investor of these large investments requires receiving these breaks as many individual investors typically can not afford these types of shares.
E-Commerce - This is a form of sales that takes place electronically. The most common means is on the internet or also through computer networks. This type of sale has become increasingly popular over the last few years. Such means has so many benefits to both the seller and the...