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 ?
Unlike some other 529 plans, Florida Prepaid College Plans charges no commissions or sales fees, thus contributing more money directly into the plans.
The plan, which is offered by the State of Georgia and managed by TIAA-CREF, offers seven investment options, low annual asset-based fees, and no sign-up, maintenance or third-party sales fees.
The volume of foreclosure sales held by Clerks of Courts strains the administrative process, and costs taxpayers significantly more than the sales fees charged.
The participating mutual fund companies paid the firms extra fees in addition to regular sales fees.
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card programs that would include up-front sales fees and ongoing monthly transaction fees.
Unlike most other 529 plans, there are no commissions, hidden sales fees or other underlying charges to invest in Florida's plan.
Plans like the Florida College Investment Plan can be used to save for any qualified college expense, in Florida or out of state, without any commissions or sales fees.
Our 529 Supermarket is designed to provide help for workplace consumers who do not want to pay commissions or sales fees and are ready to do a reasonable amount of self-directed work in order to save money.
Components of non interest income are presented in the table below: For the Quarter Six Months (in thousands) Ended Ended June 30, June 30, 2003 2002 2003 2002 Mortgage Banking Income $265 $403 $900 $746 Service Charges 588 471 1,181 822 Fiduciary Fees 312 317 648 637 Investment Advisory Fees 512 502 1,040 502 Investment Sales Fees 340 112 644 252 Equity in Earnings From Affiliate 764 -- 764 -- Other Income 27 11 37 40 Non Interest Income $2,956 $1,815 $5,214 $2,999 Non Interest Expense
Area franchisees earn a share of franchise sales fees and ongoing royalties from stores within their territories.