Examples of Retail Shares in a sentence
Retail Shares are offered at net asset value without a front-end sales load, but may be subject to a CDSC as described in a Fund's current prospectus.
If, because of redemptions, an investor in the Retail Shares no longer meets the eligibility requirements for such shares, the Fund may cash out the investor’s remaining account balance.
Galaxy shall initially offer holders of Trust Shares in the Corporate Bond Fund the information services described for Retail Shares.
If, because of redemptions, an investor no longer meets the eligibility requirements for Institutional Shares, the Fund may convert the investor’s Institutional Shares into Retail Shares.
For purposes of this mandatory action, the Fund will notify shareholders before any such conversion into Retail Shares can occur.
The Dealer Manager shall not be entitled to a Platform Fee with respect to any Retail Shares.
Retail Shares may adopt a 12b-1 Distribution Plan and/or a shareholder services plan.
The Trust may offer two classes of shares – Retail Shares and Institutional Shares -- in the funds listed on Schedule A and designated as “Equity Funds” (each an “Equity Fund” and collectively, the “Equity Funds”).
An investor may convert Retail Shares into Institutional Shares provided that following the conversion the investor meets the then applicable eligibility requirements for Institutional Shares.
An investor may convert Retail Shares or Institutional Shares into R6 Shares provided that the investor meets the then applicable eligibility requirements for R6 Shares.