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 ?
The no-load Fund will be available to investors in an Institutional Class share (DDJIX) as well as a Class I share (DDJCX) and a Class II share (DDJRX).
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.
Bank of Alexandria 2 Money Market Fund is a no-load fund denominated in Egyptian pounds and is available for subscriptions at all Bank of Alexandria branches across Egypt on a daily basis.
The open-ended fund, Bank Audi Money Market Fund, is a no-load fund with no subscription or redemption charges.
5%, or they could buy shares in a no-load fund offered primarily through advertisements.
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.
Return distributions of the no-load fund group and the load fund group are compared against one another to determine which would be preferred (i.
The conventional wisdom in the investment industry is that investment performance is negatively correlated with asset size, expense ratios, and portfolio turnover and independent of whether a mutual fund is a load or no-load fund.
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.
While some funds charge fees to join the fund or to redeem certificates (expressed either as a percentage or a flat fee), the Bank Audi Money Market Fund is a no-load fund with no subscription or redemption charges.