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hidden load

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Hidden load
A sales charge that is not explicitly disclosed or is buried in the fine print of a mutual fund prospectus or life insurance policy and therefore is not immediately apparent.
hidden load
A mutual fund sales fee that is not readily apparent to investors. The term generally applies to an annual 12b-1 fee that is charged by many mutual funds.


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Schwartz is not the only fund manager who has struck a nerve among investors who are as concerned about hot-button issues as they are about hidden loads.
Faith finds growing place in mutual-fund industry by The Seattle Times (Seattle, WA)
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