What is ‘A-Share’

In a family of multi-class mutual funds, this is the class that is usually characterized by a loaded fee structure. Class A mutual fund units will commonly have a front- or rear-end load, to compensate for the sales person’s commission. Not all fund companies follow this class structure; however, it is the prominent method of distinction.

Explaining ‘A-Share’

Typically, the class A fund has a lower management expense ratio compared to the other classes within the same family. This is due to the load that is added to the acquisition cost, or redemption.

Further Reading

  • Information Flows and Volatility Spillover across A Share and B share Market in China [J] – en.cnki.com.cn [PDF]
  • Financial development and economic growth: Evidence from Ghana – papers.ssrn.com [PDF]
  • Financial development and economic growth: A review and new evidence – academic.oup.com [PDF]
  • Financial liberalisation, stockmarkets and economic development – academic.oup.com [PDF]
  • A new database on the structure and development of the financial sector – academic.oup.com [PDF]
  • Financial development and economic growth: Is Schumpeter right? – journaljemt.com [PDF]
  • An Empirical Study of A-share Stock Market's Initial Returns with No Limitation of IPO/s P/E Ratio – en.cnki.com.cn [PDF]
  • Tunneling and Ownership Structure of a Firm: Evidence from Controlling Shareholder's Embezzlement of Listed Company's Funds in China [J] – en.cnki.com.cn [PDF]