What are Y Shares?
Also called institutional
How Do Y Shares Work?
For example, let's say that the XYZ front-end load. Institutional investors (such as pension and insurance companies) can buy Y shares of the XYZ Mutual Fund, which do not involve a load but require of, say, $300,000.invests in a variety of defensive . Average investors can buy shares of the but must pay a
Y shares often have a "Y" at the end of their fund symbols.
Why Do Y Shares Matter?
Y shares are simply shares that can be bought in bulk. Usually, they do not come with additional rights or privileges; they exist to encourage institutions to make large minimum investment.in the that them. Individuals aren't always shut out of buying Y shares -- often, they just have to be able to afford the
Personalized Financial Plans for an Uncertain Market
In today’s uncertain market, investors are looking for answers to help them grow and protect their savings. So we partnered with Vanguard Advisers -- one of the most trusted names in finance -- to offer you a financial plan built to withstand a variety of market and economic conditions. A Vanguard advisor will craft your customized plan and then manage your savings, giving you more confidence to help you meet your goals. Click here to get started.