In most cases--including John Hancock--here's what the Rclass means: The firm each year will take 50 basis points---one-half of 1%--in expenses off the assets under management in the form of a so-called 12b(1) charge, authorized for marketing expenses.
Besides the usual hatchback, sedan and SUV, car shoppers today can consider yet-to-be-categorized cars such as the Mazda5, a micro-minivan, or Mercedes-Benz's R-Class, a maxi-station wagon.