The variation is that a non-institutional investor is an individual person, and an institutional investor is some type of entity: a pension fund, communal fund company, bank, insurance company or any other large institution. If you are an individual investor, and I am guessing that you are, I fantasize your question is probably more related to mutual funds share classes. Individual investors are sometimes imparted by fee-based advisors that they can purchase “institutional” share classes of a mutual fund instead of the fund’s Genre A, B, or C shares. Designated with an X, Y or Z, these shares do not incorporate sales charges and have smaller expense ratios. It’s twin a discount for institutional investors because they buy in bulk. The shares’ lower cost translates into a higher notwithstanding of return.
Wyatt Moerdyk
Evidence Advisors Investment Management
Boerne, TX