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low-load fund

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Low-load fund
A mutual fund that charges a sales commission of 3.5% or less for the purchase of shares.
low-load fund
An open-end investment company with a sales charge ranging from 1 to 3% of the net amount invested by a shareholder, as opposed to charges of up to 9.3% on regular load funds and no charges on no-load funds. Low-load funds gained popularity in the mid-1980s, a period that witnessed renewed public interest in investment companies of all types.
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Most no-load and low-load funds have adopted 12b-1 fees to finance their distribution expenses, and the fees have grown as a proportion of assets for funds imposing such fees (table 2).
Recent trends in the mutual fund industry by Mack, Phillip R. / Federal Reserve Bulletin
Load, no-load, and low-load funds will all be available, at a flat transaction cost of $25.
Track Data Releases myTrack 5.0 by Business Wire
Currently more than 1,500 no-load and low-load funds are available to financial advisors through the Schwab Mutual Fund Marketplace(R).
Twentieth Century offers financial advisors lower fund management ... by Business Wire
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