Definitions for "No Load Mutual Fund"
Keywords:  ithout, mutual, nav, load, redemption
Mutual fund w ithout a sales charge/ commission on trade activity. Always traded and priced at NAV.
A mutual fund with shares that are sold without a sales charge.
An open-end investment company, shares of which are sold without a sales charge. There can be other distribution charges, however, such as Article 12b-1 fees. A true "no load" fund will have neither a sales charge nor a distribution fee.