Low load fund


 

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Low load fund

A mutual fund that charges a sales commission of 3.5% or less for the purchase of shares.



Low load fund

Similar Matches

No load stock

No load stock

Shares that can be purchased from the issuing companies themselves, so that broker fees and commissions can be avoided.


Less Than Container Load

Less Than Container Load

Shipments of less than container load size (<$50,000).


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A 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 load

Back end load

A 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.


Level load

Level load

A mutual fund that charges a permanent sales charge, usually at some fixed percentage. See: Front-end loads and back-end loads.


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