1. Money
You can opt-out at any time. Please refer to our privacy policy for contact information.

What Are Class Inst Funds?

Institutional Class Funds: Class I, X, Y or Z

By

Definition: Inst funds (aka Class I, Class X, Class Y or Class Y) are generally only available to institutional investors with minimum investment amounts of $25,000 or more. In some cases where investors pool money together, such as 401(k) plans, breakpoints can be met to use the institutional share class funds, which typically have lower expense ratios than other share classes.

See Also

Disclaimer: The information on this site is provided for discussion purposes only, and should not be misconstrued as investment advice. Under no circumstances does this information represent a recommendation to buy or sell securities.

©2014 About.com. All rights reserved.