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No-Load Fund |
Also found in: Financial | 0.06 sec. |
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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. How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content. |
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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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