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Front-Load Fund |
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Front-Load Fund A mutual fund with a sales fee one pays when one buys shares. When an investor buys a share in a front-load fund, he/she agrees to pay a third party, usually a financial institution or broker, a certain percentage of the share's value. Unlike a back-end load fund, the shareholder does not pay the fee upon sale, but rather upon purchase. A share in a front-load fund is called an A-share. See also: Back-load fund, No-load fund. Want to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit the webmaster's page for free fun content. |
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