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.

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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




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