Load

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Related to Sales Fees: Sales Charges

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 ?
The Danish Competition Authority and the Consumer Ombudsman have reportedly called for a closer inspection of airlines' sales fee policies, especially through the Internet.
The expenses associated with collecting the loans are a composite of real estate sales fees, legal and foreclosure costs, additional property taxes, outside vendors (lawn services and so forth), the carrying cost of the loans and the staff needed to administer the loans.
An investor should estimate what percentage of capital will be used each year to pay brokerage commissions for direct ownership of common stock, sales fees and operating costs for mutual funds, and sales fees, operating costs, and the cost of the annuity contract for variable annuities.
Within 30 days, you should receive two copies of a written certification and valuation (stated as either "replacement value' or "resale value'--which subtracts sales fees equaling about half the replacement value) of each item.
uk will work closely with these clubs, offering a share of the commission by way of a 10 per cent rebate of the net sales fees each month.
In addition to front-end or back-end sales fees, they all charge operating expenses, which include:
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.
Tru-Friends charges No Up Front Fees; No Listing Fees; Takes No Percentage of Total Sales Fees (like the 5-15% off the top taken by its competitors); and has No Closing Fees or other "ding me here and ding me there Gotchas.