Capital stock of a capital management company for which no issue surcharge is charged (a mutual fund whose shares are sold without a commission or sales charge). The costs incurred are covered by a redemption fee or by higher management fees charged accordingly. – See All-in-Fee, Multiple-Class Funds.
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University Professor Dr. Gerhard Merk, Dipl.rer.pol., Dipl.rer.oec.
Professor Dr. Eckehard Krah, Dipl.rer.pol.
E-mail address: info@ekrah.com
https://de.wikipedia.org/wiki/Gerhard_Ernst_Merk
https://www.jung-stilling-gesellschaft.de/merk/
https://www.gerhardmerk.de/