UOB Greater-China fund sells Class A shares with an expense ratio of 1.5% annually, charged on end
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Question:
UOB Greater-China fund sells Class A shares with an expense ratio of 1.5% annually, charged on end of year asset values and Class B shares with a front-end load of 8% and no expense ratio. If you plan to sell the fund after 4 years, are Class A or Class B shares the better choice? Assume assets of the fund grows 10% annually, and no distributions are paid to investors.
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