Investor Glossary-load fundInvestor Glossary-load fundInvestor Glossary-load fundInvestor Glossary-load fundInsightful stock market charts - Click here
investor
Categories    # A B C D E F G H I J K L M N O P Q R S T U V W X Y Z

Load Fund

The HTML to link to this page
 

A load fund is a mutual fund that charges a sales commission in addition to its net asset value (NAV). This sales charge is the "load" part of a load fund. The sales charge of a load fund is a percentage of the net amount invested, typically somewhere between 4 and 8 percent, but may even be as low as 0.5 percent or as high as 8.5 percent in some cases. A load fund may either require the fee be paid when the fund is bought (a front-end load), or the load fund may collect the fee when the fund is sold (a back-end or redemption load). These sales commissions for a load fund are paid to a broker or representative. In exchange for paying the sales charge on a load fund, a mutual fund company usually may choose to charge lower administration fees. The opposite of a load fund is a no-load fund, which doesn't impose a sales charge.



Rate this load fund definition...

Learn about investing with the Investor Glossary Term of the Day


Click here for insightful stock market charts. Where is the market headed? The answer may surprise you. Find out
with the exclusive & Barron's recommended charts of Chart of the Day.


Popular Terms: liquidity ratio, annual return, wholly-owned subsidiary, debt service coverage, margin rate, 1031 exchange, covered put, inflation, EBITDA, irrevocable trust, deferred tax, open position, 1035 exchange, ex-dividend date, stock split, labor relations, cancelled check, required rate of return, stock market close, limit order, real GDP, APR, in escrow, quality assurance, FTSE, LIBOR, per diem, FICO score, current ratio, Zero Cost Collar, average price per share, class C shares, deferred revenue, VIX, retained earnings, implied volatility, ex-dividend, dividends payable, option premium, balance sheet, command economy, minority interest, Key Rate Duration, diluted share, phantom income, risk management, 144a, reverse mortgage, 401a


Accounting | Banking | Bonds | Brokers | Economy | Futures | Mutual Funds | Options | Real Estate | Retirement | Stocks | Taxes | Technical Analysis
Investor Glossary | Term of the Day | Suggest a Term | Chart of the Day | Dogs of the Dow
©2004-2016 Investor Glossary - All rights reserved - Terms of Use