MutualFundWire.com: Evergreen is the Latest to Get Rid of B Shares
MutualFundWire.com
   The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication
Thursday, April 30, 2009

Evergreen is the Latest to Get Rid of B Shares


Evergreen Investments, now part of Wells Fargo, plans to cease sales of Class B shares to new and existing investors effective June 30.

"This determination was based on a decline in sales and an overall industry shift away from the use of Class B shares," Evergreen Funds president and CEO W. Douglas Munn wrote in a letter to shareholders posted on Evergreen's Web site.


Printed from: MFWire.com/story.asp?s=21437

Copyright 2009, InvestmentWires, Inc.
All Rights Reserved
Back to Top