no-load

(redirected from No-load mutual fund)
Also found in: Legal, Financial.
Related to No-load mutual fund: 12B-1 fees

no-load

(nō′lōd′)
adj. Business
Not charging a fee when shares are purchased or redeemed: a no-load mutual fund.
References in periodicals archive ?
com) rated The Vanguard Group, Schwab Funds, Dodge & Cox Funds, Harbor Capital Advisors Funds and Fidelity Investments as the least expensive of the top no-load mutual fund families (in terms of how much it actually costs, once fees are factored in, to invest in the fund).
For a directory of more than 200 no-load funds, send $5 to the 100% No-Load Mutual Fund Council, 1501 Broadway, Suite 1809, New York, NY 10036.
The Ave Maria Mutual Funds, a no-load mutual fund family designed for morally responsible investors who prefer an investment approach consistent with the core teachings of the Catholic Church, has introduced the Ave Maria Money Market Account.
Otherwise, it's wise to choose a no-load mutual fund, or one that doesn't charge a sales commission that's taken out of whatever gains your fund racks up over time.
And while 78 percent of Americans can name a character on a television sitcom, only 12 percent know the difference between a load and a no-load mutual fund - even though, according to the Investment Company Institute, 37 percent of American households own mutual funds.
When you add all of these fees together, it's quite possible that a no-load mutual fund may be charging you 2% to 3% per year in fees.
DALLAS -- The Gaming and Casino Fund (Nasdaq:GACFX), the new no-load mutual fund, was assigned NASDAQ ticker symbol GACFX and has begun operations.
DALLAS -- The Gaming and Casino Fund, a new, no-load mutual fund has become effective and is open to new investors.
NEW YORK -- The Arbitrage Fund (ARBFX & ARBNX), a 4-Star Morningstar-rated(1) No-Load Mutual Fund that invests in merger arbitrage situations, has reopened to the public now that major mergers have returned to the market, says Arbitrage Fund founder and portfolio manager, John S.
For the last four years, Scottrade has been the only major online brokerage firm not charging a transaction fee on any online no-load mutual fund order.