Investing Answers Building and Protecting Your Wealth through Education Publisher of The Next Banks That Could Fail
Investing Answers Building and Protecting Your Wealth through Education Publisher of The Next Banks That Could Fail

Y-Share

What it is:

A Y-share is a class of mutual funds with high minimum investments.

How it works (Example):

For example, if Mutual Fund XYZ has a $750,000 minimum investment, it is a Y-share fund. Due to the high minimum, Mutual Fund XYZ waives the load charges and other fees.

Why it Matters:

Because the minimums are so high, institutions are often the only investors in Y-shares.