Dictionary from West's Encyclopedia of American Law. 2005.
Short Dictionary of (mostly American) Legal Terms and Abbreviations.
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
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
No-load fund — A mutual fund that does not impose a sales commission. Related: load fund * * * no load fund no load fund ➔ fund1 * * * 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: » … Financial and business terms
no-load fund — noun A mutual fund such that it charges no sales load. Ant: load fund … Wiktionary
load fund — a mutual fund that carries transaction charges, usually a percentage of the initial investment. * * * … Universalium
