Number of mutual fund share classes boggles the mind
Meanwhile, the industry's biggest threat, ETFs, are chugging along offering a single-version product to all investors.
As investing becomes more complex, one might assume that the mutual fund industry, representing one of the most user-friendly investment products ever created, would strive to keep it simple.
But judging by its innovative use of multiple share classes, the fund industry, it seems, has opted to b
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