MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication
an InvestmentWires' Publication
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|
MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication |
|
Friday, December 4, 2009 DWS Plans to Ax B Shares Fundsters keeping track of firms scrapping B shares have another name to add to the list: DWS Investments. The New York-based fund firm will cease sales of B shares on March 1, 2010, according a November 30 SEC filing, and those shares already held will convert to class A shares after six years. DWS has 40 mutual funds that will be affected by the change. Meanwhile, Virtus Investment Partners stopped selling B shares on Tuesday. The firm first unveiled its plans in September. Printed from: MFWire.com/story.asp?s=23436 Copyright 2009, InvestmentWires, Inc. All Rights Reserved |