Load

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Load

The sales fee charged to an investor when shares are purchased in a load fund or annuity. See: Back-end load; front-end load; level load.

Load

A sales charge or commission one pays for purchasing a mutual fund. The charge is paid to the person(s) who sold the investor shares in the fund. There are three types of load. A front-end load occurs when the shareholder pays the fee when buying into the fund. A back-end load means that the investor pays when selling his/her shares. Finally, an investor with a level-load fund pays periodically throughout his/her time as a shareholder. Studies have shown that load funds perform neither better nor worse than no-load funds.

load

The sales fee the buyer pays in order to acquire an asset. This fee varies according to the type of asset and the way it is sold. Many mutual funds impose a sales charge. As a result of the load, only a portion of the investor's funds go into the investment itself. Also called front-end load, sales load.

Load.

If you buy a mutual fund through a broker or other financial professional, you pay a sales charge or commission, also called a load.

If the charge is levied when you purchase the shares, it's called a front-end load. If you pay when you sell shares, it's called a back-end load or contingent deferred sales charge. And with a level load, you pay a percentage of your investment amount each year you own the fund.

load

the work which is assigned to a workstation (machine or operative) during a specified period of time. See PRODUCTION-LINE BALANCING.

Load

A load is a sales charge imposed when mutual fund shares are purchased or redeemed.
References in periodicals archive ?
Purchases of Class A shares at net asset value where a front end sales charge is not imposed are subject to a contingent deferred sales charge (CDSC).
The offer will also be extended to a limited number of Class C share investors who, during the same time frame, made purchases totaling at least $500,000 where customers paid an initial sales charge, or at least $1 million in the absence of a sales charge and who, in view of all relevant circumstances, would have been better off had they purchased A shares instead.
Performance quoted without sales charges would be reduced if the sales charges were applied.
ADP's new Rights of Accumulation functionality provides an automated mechanism for aggregating customer assets, both held at the firm and elsewhere, to ensure that the proper sales charge is applied.
As a result, eligible investors purchased Class A shares and paid front-end sales charges that they should not have paid, or purchased Class B shares, which subjected them to contingent deferred sales charges and higher fees.
Those figures exclude the effect of a one-time sales charge paid by a Class A shareholder at time of purchase, but they include the effect of ongoing expenses charged to Class A shares.
In addition, the funds' original up-front sales charge has been eliminated in favor of a contingent deferred (back-end) sales charge that is designed to encourage longer-term investing.
compared to other comparable UITs with sales charges of up to 2.
Withdrawal of tax-deferred accumulations may be subject to deferred sales charges and are subject to ordinary income tax.
Yield calculations do not include any commissions or sales charges, and are compounded for six months and annualized for a twelve month period to derive the Trust's yield consistent with the SEC standardized yield formula for open-end investment companies.
This tutorial introduces the different types of investment companies, the funds they manage, and sales charges related to their transactions.