Orbitex fund family adds Class B shares
November 2, 1998
Orbitex Management has created Class B shares for its family of specialty funds.
The new share class will be available for the Orbitex Strategic Natural Resource Fund; the Orbitex Info-Tech and Communications Fund, and the Orbitex Growth Fund. Class A shares have been the only share class sold since the funds were introduced a year ago. The Class B shares are sold without a front-end load but have a back-end charge for those shares redeemed within six years of purchase.