Concept
Concept
A load fund is a type of mutual fund that charges investors a sales commission or fee at the time of purchase or sale. This fee is intended to compensate brokers or financial advisors for their services in managing the fund and providing investment advice.
Concept
Load funds charge a sales commission or fee, either at the time of purchase (front-end load) or when the fund is sold (back-end load), while no-load funds do not charge any sales fees, allowing investors to buy and sell shares without any commission. Investors should consider the impact of these fees on their overall investment returns and weigh them against the potential benefits of professional financial advice associated with load funds.
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