What does the grandfather provision cover?
faq 2020-01-15

The grandfather exception applies to:

• Hold recommendations on A and C shares made after April 10, 2017.

• Exchanges after April 10, 2017.

• New purchases that relate to systematic contribution programs established before April 10, 2017.

• The grandfather exception is available only if a hold or exchange recommendation is in the best interest of the investor; however, it does not require use of a contract or require new disclosures.

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