A mutual fund that sells shares with a sales charge-typically 4% to 8% of the net amount indicated. Some no-load funds also levy distribution fees permitted by Article 12b-1 of the Investment Company Act; these are typically 0. 25%. A true no-load fund has neither a sales charge nor a distribution fee.
Found on
http://www.duke.edu/~charvey/Classes/wpg/bfglosl.htm
A mutual fund with shares sold at a price including a large sales charge -- typically 4% to 8% of the net amount indicated. Some 'no-load' funds have distribution fees permitted by article 12b-1 of the Investment Company Act; these are typically 0. 25%. A 'true no-load' fund has neither a sales charge nor Freddie Mac program, the aggregation that t...
Found on
http://www.encyclo.co.uk/local/20047
A mutual fund that sells shares with a sales charge-typically 4% to 8% of the net amount indicated.
Found on
http://www.encyclo.co.uk/local/22402
A mutual fund that charges a sales commission, as opposed to a no-load fund, which doesn't levy a fee when you buy or sell. To compensate brokers, load funds usually charge either a front-end sales commission when you buy the fund or a back-end sales commission when you sell. In addition, many broker-sold funds charge an annual 12b-1 fee
Found on
http://www.encyclo.co.uk/visitor-contributions.php
a mutual fund that carries transaction charges, usually a percentage of the initial investment.
Found on
https://www.infoplease.com/dictionary/load-fund
No exact match found.
