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Tip of the Day Be Patient

Be Patient - Your friend has just gone out and bought a state of the art computer with all the bells and whistles and after looking at your slowpoke old...

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No Load Fund

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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Definition of the Day Mutilated Security

Mutilated Security - Mutilated Security is a damaged security that prevents a person from identifying the original issuer of the security or other necessary identifying information. If a seller is seeking to transfer the mutilated security, certain steps will have to ensure the buyer that the security is able to...

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