No-Load Fund


Also found in: Financial.

No-Load Fund

A type of Mutual Fund that does not impose extra charges for administrative and selling expenses incurred in offering its shares for sale to the public.

References in periodicals archive ?
T] he latest no-load fund and [exchange-traded fund] research that is designed to set you free from the high cost of investing forever.
The open-ended fund, Bank Audi Money Market Fund, is a no-load fund with no subscription or redemption charges.
6 /PRNewswire/ -- Even though they are paying for brokers to assist them, investors in load-carrying mutual funds end up making significantly worse timing decisions than investors in no-load funds, underperforming their own funds' reported returns by three times as much as no-load fund investors, according to a major new study sponsored by the Zero Alpha Group (ZAG).
I find that load fund investors base fund-trading decisions on previous performance to a greater extent than do no-load fund investors.
And I created a promotion for The No-Load Fund Investor which is a hybrid--a sample issue self-mailer with some of the characteristics of a magalog.
One no-load fund in particular, the Wilshire Target Large Company Growth, has beaten the Standard & Poor's 500 index every year since its 1992 inception, according to Lipper Analytical Services, a New York fund-ranking service.
For load funds and large no-load fund families, commissioned sales representatives generally are available to answer questions and assist with obtaining a prospectus and application and making the actual purchase.
Choose a no-load fund just like you would any other mutual fund.
Rowe Price New Asia (800-638-5660) is a no-load fund managed by Martin Wade.
Again, an index fund is a good way to hedge bets among several producers: Rushmore's American Gas Index Fund, a no-load fund with a low expense ratio, may be an interesting choice.
The new no-load fund will invest in Chinese companies expected to benefit from the emergence of China as one of the world's fastest growing economies.
This no-load fund has a minimum initial investment of $1,000, but it is waved for investors who sign up for periodic investing.