Making Sense of Share Classes

There is no standard for naming fund share classes. The labels can have different meanings from fund to fund. Dreamstime/TNS

By Kim Clark From Kiplinger’s Personal Finance

Mutual fund firms have a dizzying array of share classes for their funds, such as A, ADV, B, C, I, S, Y, and Z. And if you find a fund you like, you may have to decide which share class is right for you.