load fund noun a mutual fund that carries transaction charges, usually a percentage of the initial investment. Did You Know? Tuxedo was given its name after gaining popularity among diners at Tuxedo Park, NY. Did You Know? "Muscle" originates from the Latin word for "little mouse," because...
Both words have come to be used figuratively to refer to duties, cares, etc., that are oppressively heavy, and this is now the main meaning of burden : You have taken a load off my mind. If work feels like a burden, you may be experiencing burnout....
Define Load Funds. Load Funds synonyms, Load Funds pronunciation, Load Funds translation, English dictionary definition of Load Funds. n. a mutual fund that carries transaction charges, usu. a percentage of the initial investment. Random House Kernerman
to add additional or prejudicial meaning to (a statement, question, etc.):The attorney kept loading his questions in the hope of getting the reply he wanted. to overcharge (a word, expression, etc.) with extraneous values of emotion, sentiment, or the like:emotion that loads any reference ...
Level load, also known as a level load fee or 12b-1 fee, is a recurring charge by mutual funds to cover marketing, distribution, and administrative expenses. It is expressed as a percentage of the investment amount and is deducted annually from the fund’s assets. This fee structure is di...
Securities and Exchange Commission, which outline bank exemptions to the Gramm-Leach-Bliley Act, on the mutual fund industry as of May 21, 2001. Principles of the rules; Application of the rule exemptions to banking operations; Views of investment executive Sarah A. Miller on the rules....
25.to add additional or prejudicial meaning to (a statement, question, etc.):The attorney kept loading his questions in the hope of getting the reply he wanted. 26.Baseball.to have or put runners at (first, second, and third bases):to load the bases with two out in the eighth inning...
Example of Back End Load Mutual Fund Let’s say you invested $100,000 in amutual fundwith an initial 5% back end load. This goes down to 3% at the end of the holding period of 36 months. Within 24 months, you decide to sell the mutual fund. You’d be charged the 5% back end ...
The load fee is charged when you invest in the fund, meaning it is subtracted from the amount you invest. For example, if you invested $1,000 into a 5% load mutual fund, you would actually be investing only $950, with the remaining $50 going to the company as a commission. The fee...
A no-load fund is a mutual fund in which shares are sold without a commission or sales charge. This absence of fees occurs because the shares are distributed directly by theinvestment company, instead of going through a secondary party. This absence of a sales charges is the opposite of a...