|
R Share This is a type of mutual fund that it related to various retirement accounts. This means that money that is placed into this type of mutual fund is to be saved for retirement. Because of this, there is no a front-end load or a back-end load being charged, but a certain percentage is charged every year. These are low risk funds that cannot be cashed for quite some time, so a percentage of the fund's value every year makes sense for the investor. That prevents retirees from having to pay all of their fees at once, which makes the retirement process much easier. |