MUTUAL FUND SHARE CLASS ANALYSIS GUIDE

As the industry and your clients needs continue to change, it may be appropriate to execute a non-taxable conversion to a no-load or advisory SHARE CLASS . This technical GUIDE offers step-by-step instructions including gathering details about your clients holdings, analyzing available products to ensure you are selecting the appropriate SHARE CLASS , and finally executing the conversion through the MUTUAL Fund Trade Desk. Each procedure in the Process Overview is outlined in detail below. PROCESS OVERVIEW:A. Retrieve a list of all MUTUAL funds held in your advisory accounts. B. Retrieve a list of all MUTUAL funds in your AMP and UMA Use the Product Lookup Tool on the Advisor Portal (or utilize another desired method) to determine if a lower-cost SHARE CLASS is available. i. If a lower cost SHARE CLASS is available, contact the fund directly to confirm that the cheaper shares are convertible, are not closed to new investors or restricted in some other way, and that they are available for the client s account type ( R shares are typically restricted to retirement accounts only).

C.) Comparing costs between mutual fund share classes for advisory accounts 1. Access the Advisor Portal 2. Click the Products tab and scroll down to the Product Lookup section 3. Click the Type menu and select Fee-Based Eligible 4.

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