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level-load fund

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level-load fund
A mutual fund that charges a relatively high 12b-1 fee.

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The loads in level-load funds are essentially management fees such as 12b-1 fees.
The loads in level-load funds are essentially management fees such as 12b-1 fees.
The loads in level-load funds are essentially management fees such as 12b-1 fees.
 
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