This podcast is made by Ran Chen, who holds an EA license, Insurance and Securities licenses (Series 6, 63, 65), and CFP designation. He is passionate about opening up information to help everyone prepare better for financial certification exams. This episode covers content for the SIE Exam.In this episode you will learn:- The primary fee structures of Class A, Class B, and Class C mutual fund shares.- How investors can use breakpoints to receive reduced front-end sales charges.- The difference between a Letter of Intent (LOI) and Rights of Accumulation (ROA) for qualifying for breakpoints.- Why different share classes are suitable for different investor time horizons and investment amounts.- How to identify common exam traps, including suitability questions and the prohibited practice of breakpoint sales.For more resources visit https://open-exam-prep.com/ and connect on LinkedIn at https://linkedin.com/in/chenran818

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