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No-Load Fund

   Also found in: Financial 0.01 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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No-Load Mutual Funds We touched on this briefly, but a no-load fund is one that has no additional fees when buying or selling shares in the fund.
No-load funds: The advantage of no-load funds is that 100% of your funds are fully invested from the beginning of the investment.
I find that load fund investors base fund-trading decisions on previous performance to a greater extent than do no-load fund investors.
 
 
 
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