• Z-shares are a class of mutual funds that employees of the fund’s management company are allowed to own.

  • Generally, Z-shares are offered as part of employee benefit packages, and some employers even match the number of Z-shares purchased. They can be a valuable proposition for employees considering long-term employment prospects.
  • While Z-stock investors will pay the same management and various fund costs as other investors, Z-stocks generally do not charge any upfront or closing fees.