Comprehensive definitions of 'LOAD' in the contexts of Computers and Finance, outlining the process of loading programs into memory and the charges associated with mutual funds.
A no-load fund is a type of mutual fund offered by open-end investment companies that imposes no sales charge on shareholders. Investors buy shares directly from these funds, bypassing brokers, and avoiding the fees associated with load funds.
Explore the in-depth definition of no-load funds, how they operate, their benefits, and real-world examples. Understand why no-load funds could be a suitable option for your investment portfolio.
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