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load fund
noun
- a mutual fund that carries transaction charges, usually a percentage of the initial investment.
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Example Sentences
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If you do choose a load fund be sure you're getting the service you're paying for, says Chris Kim, chief investment officer at Tompkins Financial Advisors in Ithaca, New York.
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Or is there anyone out there who is forced to pay charges for a load fund?
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If you own a load fund for at least seven years, nothing but A shares makes sense.
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