No-load fund

A mutual fund that does not impose a sales commission. Related: load fund

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no-load fund UK US noun [C] FINANCE
a type of investment where there is no charge when you buy or sell shares in it: »

Load funds charge a commission while no-load funds are commission-free.

Compare LOAD FUND(Cf. ↑load fund)

Financial and business terms. 2012.

Look at other dictionaries:

  • load fund — load′ fund n. bus a mutual fund that carries transaction charges, usu. a percentage of the initial investment …   From formal English to slang

  • 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… …   Investment dictionary

  • 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.… …   Financial and business terms

  • load fund — A mutual fund that sells shares with a sales charge typically 4% to 8% of the net amount indicated. Some no load funds also levy distribution fees permitted by Article 12b 1 of the Investment Company Act; these are typically 0. 25%. A true no… …   Financial and business terms

  • load fund — noun A mutual fund such that it charges sales load. Ant: no load fund …   Wiktionary

  • load fund — a mutual fund that carries transaction charges, usually a percentage of the initial investment. * * * …   Universalium

  • load fund — / ləυd fʌnd/ noun a fund sold through a broker, with a high initial management charge or commission …   Dictionary of banking and finance

  • load fund — Fin a unit trust that charges a fee for the purchase or sale of shares. See also noload fund …   The ultimate business dictionary

  • load fund — a mutual fund that carries transaction charges, usually a percentage of the initial investment …   Useful english dictionary

  • No-Load Fund — A mutual fund in which shares are sold without a commission or sales charge. The reason for this is that the shares are distributed directly by the investment company, instead of going through a secondary party. This is the opposite of a load… …   Investment dictionary

  • no-load fund — A mutual fund that does not impose a sales commission. Related: load fund, no load mutual fund. Bloomberg Financial Dictionary * * * no load fund no load fund ➔ fund1 * * * no load fund UK US noun [C] FINANCE …   Financial and business terms

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