The French presidency is based on a semi-presidential system where both a president and a prime minister are active participants in the day-to-day administration of the state. France's president appoints a prime minister, who then forms a government.
The Portfolio Management Rating is the same as our Stock Rating except that we incorporate Asset Allocation in the Portfolio Management Rating. The Total Annual Costs Rating captures the all-in cost of being in a fund over a 3-yr holding period, the average holding period of all mutual fund investors.
breaking down contingent deferred sales charge cdsc for mutual funds with share classes that determine when investors pay the fund s load or sales charge class b shares carry a contingent deferred sales charge during a five to 10 year holding period calculated from the time of the initial investmentor mutual funds with share classes that determine when investors pay the fund s load or sales charge class b shares carry a contingent deferred sales charge during a five to 10 year holding period calculated from the time of the initial investment