Y-Share - Definition

Y shares are Mutual Fund shares of a class available to institutional investors. Institutional shares carry no load or 12b-1 fees. Y shares are often acquired on both a load and a no-load Basis. Often requiring a significant minimum investment on the part of the institutional investor, the Y share is often traded with no front end sales charges applied to the Transaction.

While Y shares constitute an excellent investment opportunity for corporate investors and other large scale investment cartels, the nature of the Y share approach precludes the inclusion of most individual investors. Many of the benefits derived from the Acquisition of Y shares are directly connected to the ability to purchase large amounts of the issue, a situation that is usually beyond the resources controlled by a single investor.

Terms near "Y-Share"

Y2K

Yale School of Management - Yale SOM

Yankee Bond

Yankee Certificate Of Deposit

Yankee Market

Yard

Year over year (YOY)

Year to Date (YTD)

YER

YER