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 ?
NASD is leading an industry task force to explore and recommend ways that the mutual fund and broker-dealer industries can prevent breakpoint problems and eliminate errors in sales load calculations in the future.
Some also levy sales loads on reinvested dividends, deferred sales charges and/or exchange fees.
The Fund's common and preferred offerings, inclusive of the underwriters' over-allotment, have raised approximately $487 million, before sales loads and offering expenses.
This result follows the company's announcement last month of its initiative to reduce the impact of end-of-quarter sales loads.
Heinz Company (NYSE: HNZ) today stated that it expects its first-quarter earnings (to be released in early September) will be up on last year's first quarter but slightly below current analysts' estimates because of the implementation of the company's policy to reduce the impact of quarterly sales loads.
035 billion, assuming full exercise of the underwriters' over-allotment, less sales loads and offering expenses (see note below).
Rankings do not take into account the effect of sales loads, but do reflect the inclusion of certain fee waivers and expense reimbursements by the advisor.
Bogle suggests that fully three out of every five funds include a sales load charge (165).
According to Golato, the combination of the DCA and a decreased sales load enhancement made last year makes this a unique value on the market.