Also referred to as a "load," this is a fee paid by c buyer to acquire shares in a mutual fund or limited partnership. (See "Contingent Deferred Sales Charge" and "Front-End Sales Charge.")

A sales charge is the fee charged when shares are purchased (front end) or redeemed (CDSC). Also called a load. Most of the sales charge is returned to the broker/dealer as commission; a smaller portion is retained by the mutual fund company. Reinvested dividends and capital gains generally are not assessed a sales charge.

A fee incurred upon purchase of shares in a mutual fund.

The percent of your investment capital that is subtracted immediately to cover sales and promotion costs when purchasing mutual funds. For example, if you invest $10,000 in a fund with an 8% sales charge, a sales fee of $800 is subtracted and your initial investment principal is $9,200. Also called Front Load and Initial Load. Sales charge is also synonymous with commission whereby a fee is assessed by an agent or broker in return for the purchase or sale of a security.

The fee charged when you purchase mutual fund shares. For example, suppose you want to spend $10,000 to purchase mutual fund shares, and the mutual fund imposes a front-end sales charge of 5%. You will be charged $500, and you will receive shares with a market value of $9500. A mutual fund may offer you a discount if you: Want to make a large purchase Already hold other mutual funds offered by the same fund family Commit to regularly purchasing the mutual fund's shares Have family members (or others with whom you may link according to fund rules)) who hold funds in the same fund family You should ask your financial adviser whether these discounts or breakpoints are available to you. Not all mutual funds have a sales charge or load. Many mutual funds, called no-load funds, have no sales charge or load. You can find the sales charge in the fee table in the front of a fund's prospectus.

an amount charged on the purchase of fund shares sold by brokers or other members of a sales force. The sales charge may not exceed 8.5 % of the initial investment (sales charges may vary depending on the amount invested). The charge is added to the net asset value per share when determining the offering price.

a fee you pay for the purchase of new shares of a mutual fund

A fee charged when new shares of a mutual fund are purchased. It is sometimes called a load, front-end load, or exit charge. Mutual funds that don't have sales charges are called no-load funds.

A transaction fee or commission paid for an investment instrument. Commonly referred to as the 'load' in a mutual fund.

The charge levied by sellers (distributors) of unit trusts

Fee paid for the purchase of shares in a load mutual fund. Also known as Load.

Amount charged to purchase ( front end load) or redeem ( back end load) shares in many mutual funds. The maximum charge is 8.5 percent of the initial investment. The charge is added to the NAV per share when determining the offering price. Also referred to as load.

A fee paid to a brokerage house by a buyer of shares of a mutual fund. The fee may vary, depending on what share class is purchased. Investors are entitled to investment advisory services from the brokerage house in return for the fee that they pay.

A sales charge is the fee you pay to buy shares of a load mutual fund, typically figured as a percentage of the amount you invest. As the size of your investment increases, the rate at which you pay the sales charge may decrease.

Also referred to as the load, this is a fee paid by a buyer to acquire shares in an investment fund.

The amount charged on the purchase or redemption of an annuity contract.

The amount charged on the purchase or redemption of mutual fund shares or an asset-based expense for distribution.

See Front Load.

the amount that investors pay when they purchase (front-end load) or redeem (back-end load) shares in a mutual fund, similar to a commission. The SEC's rules do not limit the size of sales load a fund may charge, but NASD rules state that mutual fund sales loads cannot exceed 8.5% and must be even lower depending on other fees and charges assessed.

Amount charged to purchase shares of a mutual fund.

The amount of the purchase price of mutual fund shares which the underwriter will receive and will therefore not be invested in shares.

The fee charged by a mutual fund when purchasing shares, usually payable as a commission to a marketing agent, such as a financial advisor, who is thus compensated for his assistance to a purchaser. It represents the difference, if any, between the share purchase price and the share net asset value.

A fee charged when shares are purchased (front-end). Also called a load or entry fee. Most of the sales charge is returned to the broker as commission; a smaller portion is retained by the unit trust company. Reinvested dividends and capital gains generally are not assessed a sales charge.

Sector Fund

An amount charged for the sale of some fund shares, usually those sold by brokers or other sales professionals. By regulation, a mutual fund sales charge may not exceed 8.5 percent of an investment purchase. The charge may vary depending on the amount invested and the fund chosen. A sales charge or load is reflected in the asked or offering price. See Asked or Offering Price.

The fee charged, when purchasing shares, by a mutual fund

In the case of mutual funds, these are commissions charged to holder of fund units, usually based on the purchase or redemption price. Sales charges are also known as "loads."

The fee paid to a dealer by a mutual fund investor to purchase shares in a mutual fund.

The commission charged by mutual funds to the holder of the fund units, which is usually based on the purchase or redemption price. Sales charges are also known as "loads

A charge added on to the price of a mutual fund when you buy it.

The amount added to the net asset value of a mutual fund to determine the offering price.

An amount charged to purchase shares in mutual funds/unit trusts sold by brokers or other sales agents. This fee may pay the sales agent and fund the initial set-up fee. The sales charge may be made on initial purchase of the shares (initial fee) or upon redemption of the shares (redemption fee) or as a back-end load. This fee may equate to the bid/offer spread of a unit or be deducted from the gross amount invested. The charge is added to the net asset value per share when determining the offering price.

Also known as sales load. It is the fee charged on an investment. The sales charge is added to the net asset value when determining the offering price of mutual fund shares.

A fee paid to a broker in connection with the purchase of a load mutual fund or a limited partnership. The sales charge, or load, generally decreases as the size of the investment increases. See: Limited Partnership; Load; Load Mutual Fund; Mutual Fund

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