A front-end load is an initial sales charge or commission incurred by an investor when buying a financial product, used to cover administration fees and agent commissions.
A load fund is a type of mutual fund that requires investors to pay a sales charge, typically to compensate financial advisors and brokers who sell the fund’s shares.
A no-load fund is a type of mutual fund offered by an open-end investment company that does not impose any sales charge (load) on its shareholders. Investors can buy shares in no-load funds directly from the fund companies, rather than through a broker, as is typical in load funds.
A sales charge is a fee paid on purchasing an investment or product, typically associated with mutual funds, to compensate brokers or financial advisors for their service.
A sales load, also referred to as a sales charge, is a commission or fee paid to a broker or agent when an investor buys or sells shares in a mutual fund.
