I look forward to when we are once again operational and firing no-loads
in advance of actual flight operations.
Aircraft are launching and recovering, catapults are shooting no-loads
, mechanics are doing engine turns, people are re-spotting and parking aircraft, "grapes" are refueling airplanes and helos, and other Sailors are handling ordnance.
The SEC's refusal to allow no-loads
to allocate assets to pay distribution costs exalted form over substance, since payments for marketing efforts to attract fund shareholders necessarily had to come from somewhere other than from the purchasing shareholder, i.
Someone asked about T-funds and no-loads
and wide loads and doublewides and "Double Dare" and the Doublemint twins.
The noise generated on a ship from the no-loads
, chains, towbars, and the 1MC, conspires against us.
Such funds are known as no-transaction-fee (NTF) funds: no-loads
purchased through a supermarket without any sales commission paid to a broker.
Paying a sales commission is simply a very expensive way to invest your money,'' said Sheldon Jacobs, editor of the No-Load
Fund Investor newsletter in New York, adding that there are 2,500 no-loads
from which to choose.
Timbers contemplates relaxing Kemper's load structure, but won't divulge details except to say, "You have to wonder whether the industry is going to migrate so there's little distinction between loads and no-loads
But some "direct-marketed" funds that look like no-loads
, because there are no front- or back-end sales charges to the investor, do have 12b-1 fees in order to offer incentives to brokers.
The same logic that keeps no-loads
and criminals employed also leads to promoting the undeserving, thus striking another blow for the slot syndrome and grade creep.
All Schwab Funds will continue to be sold with no-loads
The deck was setting up to shoot no-loads
on cat 1.