Learn what mutual fund classes are and understand the various types of shares. You'll also find out the pros and cons of each.
Assume the GBP/USD exchange rate is 1.40 (£1 equals $1.40) and the price of PepsiCo Inc (PEP) is $150 per share*. Conversion fee in US dollars: 10 shares x $150 per share x 0.5% FX conversion fee = $7 ...
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