A mutual fund can be sub-identified via Load or No-Load funds. The key note difference is the following: Load Funds are funds where a percentage fee is charged to invest, with the potential to additionally have an annual fee upon redemption. They are usually sold through retail brokers who receive part of the upfront fee. Where in a No-Load Fund, there are no fees for investing in the fund and/or redemption, but there is an annual fee based on the percentage of the Net Asset Value (NAV).
0 Comments
Leave a Reply. |
Archives
June 2019
Categories |