Load funds charge an up-front fee ranging from 3.5 percent – 8.5 percent, meaning a $1,000 investment would buy shares worth a total of $915 – $965.
Mutual funds that have a sales charge. The maximum 12b-1 fee allowed by a no-load fund is 0.25% per year.
Back-end load funds charge a commision to sell fund shares. Front-end load funds charge a commision to buy fund shares. .