October 7, 2010
Please note the following:
a share - client pays 5.75%
a share - client investment = investment minus 5.75%
Financial Advisor/firm paid 5% .25% per annum after 1 year
client can sell anytime, forfeits the 5.75% paid
c share - client pays nothing
c share - client investment + 100%
Financial Advisor/Firm paid 1% 1% per annum after 1 year
calient can sell after 1 year, no charge, prior to 1 year 1% charge
after 5 years:
a share %% + .25% X4 = 1, total 6%
c share 1% + 1% X 4, total 5%