Originally Posted by ejman
Yes, I'm also grandfathered in on the Z class. I'm worried though about horror stories of fund holders actually voting in "higher fees" and other nonsense cloaked in pretty words. Are there any instances of shareholders actually voting down a fund advisor change?
Don't know if shareholders have ever voted down such.
But if fees go up or other nonsense, then sell. I will if the management is changed.
It seems that what usually happens is some, more expensive class of shares is created that can be sold by the broker. So far that hasn't affected us Z class holders. In fact we got a benefit of lowered ER a while back, I believe.
We'll just keep an eye on it.