Loaded Mutual Fund - definition of Loaded Mutual Fund by The Free Dictionary
load fund (redirected from Loaded Mutual Fund)
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a mutual fund that carries transaction charges, usu. a percentage of the initial investment.
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References in periodicals archive
Last Tuesday afternoon, he made a guest appearance on the KARN talk show hosted by Dave Elswick, during which he vigorously defended his preference for back-end loaded mutual fund
shares--particularly when the stock market was at its zenith in late 2007.
1) Loaded mutual funds
: "It's important that I tell you the funds I've recommend for your portfolio are what's called 'managed mutual funds,' and they charge significantly higher management fees than some index funds or ETFs that hold essentially the same stocks.
According to White House estimates, the cost of this conflicted advice amounts to $17 billion annually in fees paid by unwitting savers for products like (http://www.bloomberg.com/news/articles/2012-04-30/the-worst-deal-in-mutual-funds-faces-a-reckoning) loaded mutual funds