[Series 65] 27, Mutual Fund Structure and and Share Classes

[Series 65] 27, Mutual Fund Structure and and Share Classes

From Open Exam Prep by Ran Chen, EA, CFP®

April 20, 2026 · 4 min

About this episode

This episode covers the structure of mutual funds and the characteristics of different share classes.

This podcast is made by Ran Chen, who holds an EA license, Insurance and Securities licenses (Series 6, 63, 65), and the CFP® designation. He is passionate about opening access to high-quality exam preparation resources and helping learners prepare more effectively for professional certification exams. In this episode you will learn: - How to calculate a mutual fund's Net Asset Value (NAV) per share. - The characteristics of Class A shares, including front-end loads and breakpoint discounts. - The features of Class B shares, such as Contingent Deferred Sales Charges (CDSCs). - The structure of Class C shares with their level-load 12b-1 fees. - How to determine the suitability of each share class for different investor profiles and time horizons. For more free exam prep tools, practice questions, and AI-powered explanations, visit https://open-exam-prep.com/ or YouTube Channel: https://www.youtube.com/@Open-exam-prep

People in this episode

Host: Ran Chen

Topics covered

  • mutual fund structure
  • share classes
  • investment strategies
  • financial education
  • certification exam preparation

Keywords

  • mutual funds
  • share classes
  • NAV
  • Class A shares
  • Class B shares
  • Class C shares
  • investment suitability

Mentioned in this episode

Organizations: Open Exam Prep

Products: Class A shares, Class B shares, Class C shares, Net Asset Value (NAV)

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