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No-Load Fund
(redirected from No-Load Funds)

   Also found in: Financial 0.06 sec.

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.



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Investors can reduce costs by buying no-load funds, which are sold without a sales charge, and those with relatively low operating expenses.
Subscibers get the ``Sheldon Jacobs' Guide to Successful No-Load Fund Investing'' and a list of no-load funds and performance.
The WellsTrade account provides access to over 2,000 no-load mutual funds from many well-known fund families, including more than 800 no-load funds that are available to all customers without transaction fees.
 
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