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No Load Fund - a no load fund is a mutual fund that has no sales charges attached to it. In other words a no load fund had no commission sales charges passed on to the holder. It’s the opposite of a load fund which charges a fee for selling and even purchasing a fund, depending on the share class assigned to it...(A, B,C ,or D) A no load fund has virtually no fees attached to the fund either at the time of purchase or when redeeming the shares at net asset value |
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