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Low-load fund

Low-load fund Definition

A mutual fund that charges a small sales commission, usually around 2% to 3% or less when shares are purchased in the fund.


Additional meaning of Low-load fund:

Low Load Fund refers to a mutual fund that charges a low sales fee for the purchase of shares compared to other funds. Usually a sales commission of maximum 3.5% of the value of the shares purchased or sold is considered low. Regular load funds may charge up to 9% of the net amount invested.


RELATED TERMS
Front-end load
Load
Mutual fund
No-load fund
RELATED CATEGORIES
Mutual Funds




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