.: Mutual Funds Loads Top Related Articles
1). What are mutual funds loads?
Copyright 2006 Michael Saville
Loads are the most talked about fees that mutual funds charge. A "load" on a mutual fund is just another way of saying that the fund charges a sales commission for purchase, sale, or both. There are funds that charge loads and there are funds that do not charge loads (known as "load funds" and "no load funds" respectively).
Article tags: mutual funds, mutual funds loads, no-load mutual funds, no load mutual funds
2). What are no-load mutual funds?
Copyright 2006 Michael Saville
No load mutual funds are mutual funds whose 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 fund, which charges a commission upon the initial purchase at the time of sale.
Article tags: mutual funds, mutual funds loads, no-load mutual funds, no load mutual funds