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In what circumstances might it be appropriate to consider investing in Class C shares, and what type of load is typically associated with Class C shares in the world of mutual funds or investment?

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Final answer:

Class C shares of mutual funds may be suitable for investors with a shorter investment horizon and lower upfront load. They have a level load and are intended for shorter-term investments.

Step-by-step explanation:

Class C shares are a type of mutual fund share that typically have a higher expense ratio and a lower upfront load compared to other classes of shares, such as Class A or Class B shares. They may be appropriate for investors who plan to hold their investment for a shorter period of time, as they usually have a shorter holding period requirement. Class C shares typically have a level load, which means that the investor pays a consistent annual fee as long as they hold the shares.

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