My company is introducing some Spartan f class Mutual Funds into the 401K in a few months. I know nothing about class f MF. I've read a few articles, but I'm I'm confused. Can someone explain them to me?
They are replacing some Vanguard and other funds. I'm only in one of the affected funds.
I think they’re just a lower fee version of the regular mutual funds. They’re meant to be used by fee-based advisors. A lot of these advisors don’t use standard A/B/C shares because the fees are too high and ETFs get the same result for a lot less money.