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Low-load fund

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Low-load fund
A mutual fund that charges a sales commission of 3.5% or less for the purchase of shares.
Low price
The day's lowest price of a security that has changed hands between a buyer and a seller.

 


Low-Load Fund A mutual fund that charges a small sales commission, of 3.5% or less, for the purchase of its shares.

A bond with a rating of B or lower.
Low-load fund
A mutual fund that charges a sales commission of 3.5% or less for the purchase of shares.
Low price ...

A no-load fund, which is sold without a sales charge directly to investors by a fund company, does not give advice on when to buy or sell. Increasingly, traditional no-load funds are becoming low-load funds, ...

LOW-LOAD FUND A type of mutual fund that levies a front-end sales charge of usually 3% or less on direct purchases by investors, as opposed to a no-load fund that assesses no sales charge. Also see back-end load, front-end load, and no load.

See also: Expense, Front-end load, Load fund, Back-end load, Letter of intent

Business Lower limitLoyalty Effect

 
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