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Finance Glossary

Just call us Bond. Amortized bond.

Over 700 finance terms, Shmooped to perfection.



A-shares a class of shares sold by a mutual fund. What makes 'em different from B-shares and C-shares is the way you pay your investment advisor. With A-shares, you're paying a certain amount up front and then paying lower annual fees (usually) when compared with other shares.


Let's say  you have a mutual fund, and your fund manager buys $20,000 in A-shares for you in that fund. About $1,150 of that cash will go to the fund manager or other advisor upfront as their commission (it's also called a "load" in the biz), and the rest is what you will have invested in the shares.

BTW, no matter what kind of mutual fund and shares you buy, you're going to be paying someone some sort of fee or commission. That's just how it works. Those BMWs on Wall Street don't pay for themselves, you know.