no-load fund
Definition
A mutual fund which doesn't impose a sales or redemption charge, selling and redeeming its shares at net asset value. opposite of load fund.
Cite this definition
Related terms:
12b-1 funds, pure no-load fund, 12b-1 fee, Rule 12b-1 fee, reclassification
'no-load fund
' appears in the definitions of these other terms on BusinessDictionary.com
no load fund, load fund
Related Articles from the InvestorGuide.com University
Prospectuses, Annual Reports, and Other DocumentsIn order to evaluate a mutual fund, you should read its prospectus and annual report, which describe the fund's investment objective, strategy, fees and expenses, past performance, risks, and largest holdings. Click here to learn more about each of these topics.
Introduction to Mutual FundsAn explanation of mutual funds, with specific emphasis on advantages and disadvantages of this type of investment. If you were thinking of investing in a mutual fund, read this article!
Other Types of Mutual FundsA variety of funds cannot be classified as stock funds or bond funds, as some invest in both, and some invest in neither. Learn about the properties of money market funds, income funds, balance funds, asset allocation funds, hedge funds, and many others to find out which one is right for you.
Related Resources from InvestorGuide.com
Mutual Fund Research ToolUse our research tool to find in-depth data about mutual fund quotes, news, data, and profile information. Click here to view our mutual fund list or enter a mutual fund ticker here: Featured Sponsor
|