Loaded Mutual Funds - definition of Loaded Mutual Funds by The Free Dictionary
load fund (redirected from Loaded Mutual Funds)
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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
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
Variable annuities also can be less expensive than using loaded mutual funds
where the upfront lee can be more than 5%.