$(3$ points$)$ An investor is considering the purchase of TriGroup International Equity Fund $($TRIEF$)$

for her portfolio. TRIEF has more than one class of shares. Although all classes hold the same portfolio

of securities$,$ each class has a different expense structure. This particular mutual fund has two classes

of shares, A and B$.$ The time horizon associated with the investor's objective in purchasing TRIEF is $3$

years. She expects equity investments with risk characteristics similar to TRIEF to earn $6$ percent per

year. Class A shares have a front$-$end load of $2\%,$ no back$-$end load and an annual expense of $1\mathrm{.}5\%.$

Class B shares have no front$-$end load and an annual expense of $1\mathrm{.}25\%.$ The back$-$end load for Class B

shares is $5\%$ in the first year and declines by $1\%$ each year thereafter. Which class of shares should the

investor choose?