Financial Glossary: No-load Fund


en			ru			jp

No-load Fund

No-load Fund

A Mutual Fund that does not charge a fee for buying or selling its shares.

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 Fund, which charges a Commission at the time of the fund's purchase, at the time of its sale, or as a "level-load" for as Long as the investor holds the fund.

As there is no transaction cost to purchase a no-Load Fund, all of the money invested is working for the investor. For example, if you purchase $10,000 worth of a no-load Mutual Fund, all $10,000 Will be invested into the fund.

It should be noted that research shows that load funds don't outperform no-load funds.

Posted by Privatebanking.com

Back

Privatebanking.com

Get the attention you always wanted and promote your corporate image and standing by benefiting from our state of the art interactive web presence.

Ascent Limited

Experience The Difference. Ascent Limited provides first class wealth management and family office services. Our private banking team, assembled from a group of highly experienced banking professionals, will provide financial advice tailored to your individual requirements and keep your portfolio in tune with the latest market developments and opportunities.

©	Copyright by PRIVATE BANKING.COM 2002- - All rights reserved.