Definition of load fund

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TeachMeFinance.com - explain load fund



load fund -- a type of mutual fund that charges a sales commission when an investor buys shares. See no load fund.

no load fund -- a type of mutual fund that does not charge a sales commission (load fee) when an investor buys shares of the fund. See load fund.



About the author

Mark McCracken

Author: Mark McCracken is a corporate trainer and author living in Higashi Osaka, Japan. He is the author of thousands of online articles as well as the Business English textbook, "25 Business Skills in English".


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