Lazard Asset Management
Review Document Generally is a well structured site but further enhancements could transform it to a market leading user experience.1. The fund buying experience could be improved with the introduction of fund cards in the fund explorer which will allow for a more consilidated view before drilling down into the fund. Could be reducing conversions2. The […]
Descriptions of Share Class Types
Shares of the same fund offer different shareholder rights and obligations, such as different fee and load charges. Common share classes are A (front-end load), B (deferred fees), C (no sales charge and a relatively high annual 12b-1 fee). Multi-class funds hold the same investment portfolio for all classes, and differ only in their surrounding […]