Load Fund

What does it mean?
A mutual fund with shares sold at a price including a large sales charge. This sales fee may range from 3% to as high as 8% of the full purchase.

In Other Words...
In exchange for paying your fees up front, mutual fund companies don't usually make you pay high administration fees.

Related Links
Mutual Fund Fees - An article by the Securities and Exchange Commission on fees and loads involved with mutual funds.

Mutual Fund Basics Tutorial - Learn about the basics--and the pitfalls!--of investing in mutual funds.

Related Terms
Back End Load | Contingent Deferred Sales Charge - CDSC | Exchange Privilege | Front End Load | Mutual Fund | No-Load Fund

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