Confused about Trimark fund
Q – I’m considering purchasing shares of Trimark RSP Global Balanced as recommended in your Mutual Funds Update newsletter. There are two funds with the same name, AIM1913 which is no load, and AIM1911 which is back load. Is the no-load version the obvious choice or is there a reason to select the back-load version? – S.A.
A – Actually, AIM 1913 is a front-end load fund, not a no-load one. The sales option is the usual one for load funds – you can choose either a front-end or back-end load (deferred sales charge).