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Z Shares These shares are offered to employees of the company of the fund and in many cases, are used as a bonus for these employees. In some cases, the employee will be given Z share options, rather than monetary bonuses or they can also be given the option of purchasing shares in the fund. In some cases, employees will purchase a certain number of these shares every year and use them as a retirement fund, which is one of the reasons why Z shares are so popular among employees. They are also good for the institution because it means that additional people are being these shares. |