Definition of y-share

What is Y-Share?

Definition of Y-Share Classes of mutual funds shares are denoted by alphabetical names, A and B being the most common ones for referring to individual investors. Also each class has different sales load and commission structure. Institutional investors are offered only mutual funds shares of Class Y. Purchase size should be $500,000 or more. . […]
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Definition yearly-probability-of-living

What is Yearly Probability of Living?

Definition of Yearly Probability of Living Yearly Probability of living is a numerical figure rendering possibility of someone living per year. Explanation A mortality table that shows death rates showing deaths/thousand determines this annual probability of living. When number of people alive at the end of year is divided by that of those alive at […]
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