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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 loan or sales charge for purchasing shares in a mutual fund that is not obviously stated in the fund's prospectus. Colloquially, it may also refer to a 12b-1 fee.

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.