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Expect a spring torrent of new mutual fund share classes

Sparked by the DOL fiduciary rule, T shares and clean shares are expected to flood the market

If you thought there were enough mutual fund share classes already, just wait. The fund industry is expecting a flood of new share classes this year, sparked in part by the Department of Labor's fiduciary rule.

To set the stage: the Investment Company Institute, the mutual fund trade association, c

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