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No load mutual fund |
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No load mutual fundAn open-end investment company whose shares are sold without a sales charge. There can be other distribution charges, however, such as Article 12B-1 fees. A true no-load fund has neither a sales charge nor a distribution fee.No load mutual fund Similar MatchesMutual savings bankMutual savings bankA state-chartered savings bank which is owned by its depositors and managed by a fiduciary board of trustees. Maximum capital gains mutual fundMaximum capital gains mutual fundA mutual fund whose objective is to produce capital gains by investing in small or risky rapid-growth companies. Mutual fundMutual fundIn the US, a collective investment scheme, operated by an investment company, which enables small private investors to invest in a diversified portfolio of shares, bonds and other securities.It is known as an open end fund since there is no fixed amount of capital in the fund. If new investors want to invest in the fund, it can issue new units and accept their money into the pool. If they want to turn their investment back into cash, it can cancel their units. The number of units in the fund, and the amount of money invested, goes up and down according to supply and demand.Funds are managed by professional fund managers who invest in securities to achieve the trust's objectives such as capital growth, income or a combination of both. Shares purchased from brokers are called load funds and those purchased direct from the fund company are called no load funds. Shares when sold are redeemed at their net asset value. There is a wide range of funds with a variety of objectives available in which to invest including capital growth and income. Similar to a unit trust in the UK. Mutually exclusive investment decisionsMutually exclusive investment decisionsInvestment decisions in which the acceptance of a project precludes the acceptance of one or more alternative projects. Mutual exclusion doctrineMutual exclusion doctrineThe doctrine that ruled that municipal bond interest is federal tax-free. In return for this federal tax exemption, states and localities cannot tax interest generated by federal government securities. Further SuggestionsFlexible mutual fundMoney Market Mutual Lipper Mutual Fund Industry Average Asset allocation mutual fund Bond mutual fund High current income mutual fund demutualisation Mutual recognition Mutual fund custodian Aggressive growth mutual fund mutual fund custodian Council for Mutual Economic Assistance demutualise Mutual fund cash to assets ratio mutual savings bank Mutual company Option mutual fund balanced mutual fund International mutual fund Mutual Savings Bank Mutual fund theorem Energy mutual fund Socially conscious mutual fund specialised mutual fund Mutual association |
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