the absence of sales commissions, as in no-load mutual funds.
Some Mutual Funds charge additional fees (commissions) to: buy, sell, hold for short periods, etc. A true No-Load Fund charges no additional fees, other than the annual management fee (which all Funds charge).
Mutual Funds offered directly to the public at NAV with no sales commissions. The Van Arbor Funds are No-Load.
Mutual funds that are not sold by sales representatives; therefore, there are no sales charges or load.
No sales charge is added to the purchase and/or sales price of mutual funds and annuities.
Mutual fund offered by an open-end investment company that imposes no sales charge (load) to purchase shares. Investors can buy shares directly from the fund company, rather than through a broker.
A pure no-load fund has neither a front-end nor a back-end load. All the investment is used to buy shares of the mutual fund.
A mutual fund selling its shares at NAV without any front-end or back-end sales charges. .
Implies no sales charges.
a mutual fund selling its shares at net asset value without any front- or back-end sales charge. Also, no load funds must limit their annual 12b-1 fees/service fees to 0.25% or less.
means that a mutual fund does not have a front-end load; it does not mean that the fund will have no expenses.
describes a mutual fund that does not have a commission