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Low Load Fund - This is the specific charge on a given sales by company that is an open-end investment firm. Their fees will generally be in the realm of 1 to 3% of the shareholder’s invested amount. It is in contrast to those regular load firms that often assess charges up to 9.3% on the same investments or those who have the option of no-load funds. This particular type of load fund became very popular during the mid-1980s. That was a period, which witnessed a rekindling of public attention in the nature and types of investment firms. |
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