no-load fund
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load fund — load′ fund n. bus a mutual fund that carries transaction charges, usu. a percentage of the initial investment … From formal English to slang
Load Fund — A mutual fund that comes with a sales charge or commission. The fund investor pays the load, which goes to compensate a sales intermediary (broker, financial planner, investment advisor, etc.) for his or her time and expertise in selecting an… … Investment dictionary
Load fund — 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.… … Financial and business terms
load fund — 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… … Financial and business terms
load fund — noun A mutual fund such that it charges sales load. Ant: no load fund … Wiktionary
No-Load Fund — A mutual fund in which shares are sold without a commission or sales charge. The reason for this is that the shares are distributed directly by the investment company, instead of going through a secondary party. This is the opposite of a load… … Investment dictionary
no-load fund — A mutual fund that does not impose a sales commission. Related: load fund, no load mutual fund. Bloomberg Financial Dictionary * * * no load fund no load fund ➔ fund1 * * * no load fund UK US noun [C] FINANCE … Financial and business terms
No-load fund — A mutual fund that does not impose a sales commission. Related: load fund * * * no load fund no load fund ➔ fund1 * * * no load fund UK US noun [C] FINANCE ► a type of investment where there is no charge when you buy or sell shares in it: » … Financial and business terms
no-load fund — A type of mutual fund that does not impose extra charges for administrative and selling expenses incurred in offering its shares for sale to the public. Dictionary from West s Encyclopedia of American Law. 2005. no load fund … Law dictionary
load fund — a mutual fund that carries transaction charges, usually a percentage of the initial investment. * * * … Universalium
