|
|
Low load fund |
|
|
|
 Home Site Map Add Term Search About Us Contributors |
Low load fundA mutual fund that charges a sales commission of 3.5% or less for the purchase of shares.Low load fund Similar MatchesNo load fundNo load fundA mutual fund where investors deal directly with the investment company rather than through a broker. Investors are accordingly not charged a sales commission and the net asset value, bid and offer prices are all the same. Sales loadSales loadSee: Sales charge UploadUploadTo transfer a copy of a file from a client computer to a server computer over a network. In common usage, refers to sending a copy of a file on a user's computer to a Web server over the Internet using FTP. LoadingLoadingA term for the administration charges imposed by institutions on mutual funds, unit trusts and pension plans. Charges that are incurred when you buy units in a fund are known as front-end or initial charges, and those which are incurred when you sell are known as back-end or exit charges. Back end loadBack end loadA charge imposed when investors redeem (sell) shares in mutual funds, which has the effect of discouraging withdrawals.Traditionally, the earlier you redeem, the higher the back end load. After holding for five years or so, there will usually not be a back end load.In the UK these charges are known as an exit charge. Further SuggestionsNo load mutual fundHidden load Unloading front end load Reload Stock Option Load to load Level load Less Than Container Load Download Load No load stock Front end load |
|
|
|