This podcast is made by Ran Chen, who holds an EA license, Insurance and Securities licenses (Series 6, 63, 65), and the CFP® designation. He is passionate about opening access to high-quality exam preparation resources and helping learners prepare more effectively for professional certification exams. In this episode you will learn: - How to calculate a mutual fund's Net Asset Value (NAV) per share. - The characteristics of Class A shares, including front-end loads and breakpoint discounts. - The features of Class B shares, such as Contingent Deferred Sales Charges (CDSCs). - The structure of Class C shares with their level-load 12b-1 fees. - How to determine the suitability of each share class for different investor profiles and time horizons. For more free exam prep tools, practice questions, and AI-powered explanations, visit https://open-exam-prep.com/ or YouTube Channel: https://www.youtube.com/@Open-exam-prep