Load Fund

A mutual fund that comes with a sales charge or commission. The fund investor pays the load, which goes to compensate a sales intermediary (broker, financial planner, investment advisor, etc.) for his or her time and expertise in selecting an appropriate fund for the investor. The load is either paid up front at the time of purchase (front-end load), when the shares are sold (back-end load), or as long as the fund is held by the investor (level-load).

If a fund limits its level load to no more that 0.25% (the maximum is 1%), it can call itself a "no-load" fund in its marketing literature.

Front-end and back-end loads are not part of a mutual fund's operating expenses, but level-loads, called 12b-1 fees, are included. The record shows that the performance of load and no-load funds is similar.

热门词条

应收账款区域货币区间估计金融危机资本成本 CPI（Consumer Price Index）汇率资产经济美元单向定单租赁期外汇通服务外汇佣金 SME ISO 认可增量成本什一税 CFO MIT 加工销售 MG金融集团股价反弹抽签偿还股利收入技术空头陷阱资本 REF 市场中国股市中小企业备付金率美国两会价格吊空指数股灾葡萄牙币调至市价 pt 清算电子汇兑税粮下降三角形外汇 FDI Writer 银行投资管理阴烛 MACD width 冲账 Theta 短期同业拆借货币 peg 外汇交易法金融中介理论企业艾略特波段理论的含义消费发展战略黄金巴塞尔资本协议贴现现金流联系汇率制度拔档美国贝勒大学产品汇差清算率延期付款汇票短期国际商业贷款计期汇票 Exposure 集中竞价金融标准普尔（S&P）公司不完全竞争市场理论 (金融) 正利差分期付款汇票软通货出口物价指数选择权买方资金百分比回撤无记名汇票最低报价戴维·凯特标准·普尔 500指数抵押品持平德国工业产值德国消费者物价指数成本协同效益股票非农就业人口交易道琼斯公用事业平均指数持平指示汇票产品竞争力财务指标盈利能力比率德国伊弗研究所景气调查外汇实盘交易方式外汇实盘交易指令国际收支差额

Load Fund

热门专栏

财联社

财华社

格隆汇

国际金融报

英为财情

嘉盛集团

香港智远

智通财经

热门词条