Funds with multiple classes

Steve_666_

How does one navigate the myriad of fund classes
for example was looking at some L&G funds, as far as I can tell the only difference between the I and C classes of this fund is that the I class has higher on going charges, this seems to be reflected is the small differences in the performance data. Why would anyone choose I over C?

https://fundcentres.lgim.com/srp/documents-id/b9fcfbdd-afa8-4d3d-aabd-0219b16fa9c5/Fact-sheet_Legal-General-Mixed-Investment-20-60-Fund-C-Acc-GBP.pdf

https://fundcentres.lgim.com/srp/documents-id/3a235a06-4456-4bc6-9f53-0b311b4f3a43/Fact-sheet_Legal-General-Mixed-Investment-20-60-Fund.pdf

dunstonh

for example was looking at some L&G funds, as far as I can tell the only difference between the I and C classes of this fund is that the I class has higher on going charges, this seems to be reflected is the small differences in the performance data. Why would anyone choose I over C?

Class C is not widely available.    Class F was their direct to fund house version.  Class I is the standard version that is widely available on most platforms.

Linton

Different classes are available from different sellers.

The lowest priced classes are only available from platforms that do a large amount of business with the fund provider.  The highest price class normally applies if you buy the fund directly in small quantities.