0
A load fund comes with many additional charges attached to it. There could possibly be a sales commission, sales charge, annual distribution fees and deferred sales charge just to mention a few.
Wiki User
∙ 11y ago
Add your answer:
Earn +20 pts
What are the two primary types of mutual funds?
The two primary types of mutual funds are "no-load" and "load" funds
How do load funds operate?
Shares in load funds are usually sold through separate distributorships
How do no load mutual funds work?
No load mutual funds are mutual funds that are sold directly by the investment company instead of by an investment broker. They work exactly the same as regular mutual funds.
What is a Synonym for budget?
allowance, means, funds, income, finances, resources, allocation
What is a synonyms of budget?
allowance, means, funds, income, finances, resources, allocation
What is a non load mutual fund?
A no-load mutual fund is one that does not charge a fee to investors. Many mutual funds have a "load" or initial fee, often around 5%, that investors must pay in order to buy in to the fund. No-load mutual funds lack this fee, and earn money for their managers in different ways. Most index funds are no-load funds.
What are no-load mutual funds?
No-load mutual funds do not require investors to pay fees or sales commission, and the price of a share in a no-load fund is identical to its net asset value
What are no load funds?
Generally mutual funds charge an entry load of 1-2% of the investment amount everytime an investor makes an investment in their fund. Similarly they charge an exit load of 1-2% when the investor redeems his investment within a certain timeframe. No load funds are those that do not charge either an entry or an exit load.
How do you use the word bonanza in a sentence?
The settlement funds came as an unexpected bonanza for the town's finances.
You wish to invest in mutual funds and am currently doing research into the various terms related to mutual funds Can someone tell you what is a load and no-load fund?
A load fund is a mutual fund that charges the investor a percentage of the NAV on entry or exit. This charge is decided by the mutual fund provider. The amount is used by the provider for advertising and distribution purposes and is included in the purchase as a sales fee. Additionally, load funds may be differentiated into back-end and front-end funds depending on when the fee is charged. For a back-end fund, the fee is charged when the mutual fund is redeemed and the front load is charged on purchase of the fund. A no-load fund is simply a fund that does not charge any commission or sales charge. This is possible because shares of such funds are distributed directly by the investment company. In the long run, load as well as no-load funds offer similar returns. However, no-load funds do charge a fee if they are redeemed before their maturity.
What are the Significance of funds flow statement?
This statement gives an overview of how I plan to manage the finances of each year.
Can you claim losses in mutual funds?
No. Investing in Mutual funds comes with its inherent risks. When you invest in a scheme it means you accepted to take care of your finances in case of losses.
