Is there a charge for redeeming fund shares?
A. Fund shares may have an applicable sales charge, which is dependent on the type of fund and the share class that you are invested in. These charges will vary, and may also be affected by the length of your investment and your account balance. Generally speaking, those shares with no sales charge followed by those shares with the lowest applicable sales charge will be redeemed first when redeeming fund shares with an applicable sales charge such as those shares with a Contingent Deferred Sales Charge. You would need to consult the fund’s prospectus for the specifics on redemption charges and transaction fees related to your specific investment.
