Load Fund

Financial Definition of Load Fund

Meaning of Load Fund

A mutual fund with shares sold at a price including a large sales charge – typically 4% to 8% of the net amount indicated. Some “no-load” funds have distribution fees permitted by article 12b-1 of the Investment Company Act; these are typically 0. 25%. A “true no-load” fund has neither a sales charge nor Freddie Mac program, the aggregation that the fund purchaser receives some investment advice or other service worthy of the charge.

Related Entries of Load Fund in the Encyclopedia of Law Project

Browse or run a search for Load Fund in the American Encyclopedia of Law, the Asian Encyclopedia of Law, the European Encyclopedia of Law, the UK Encyclopedia of Law or the Latin American and Spanish Encyclopedia of Law.

Load Fund in Historical Law

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Legal Abbreviations and Acronyms

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