What Does C Mean in Shares
Conversion Shares or C Shares Are Issued by Investment Trusts to Raise Money and Allow Investors to Subscribe for New Shares Without Negatively Affecting...
Conversion shares or C shares are issued by investment trusts to raise money and allow investors to subscribe for new shares without negatively affecting existing shareholders. … The C shares will convert to ordinary shares when either a predetermined level of investment is achieved or on a predetermined date.
What are B Shares? Class B shares mean the class of shares issued by the company, which offers less advantageous rights to the shareholders as compared to Class A shares. The shareholders of Class B shares have lower voting rights than the shareholders of Class A.
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Class A and B shares are aimed at long-term investors, whereas Class C shares are for beginning investors who aim for short-term gains and may have less money to invest. Class C shares, especially those with no load, are the least expensive to purchase, but they will incur higher fees in the long term.