Load Fund

Business / Finance / Load Fund: A mutual fund that sells shares with a sales charge-typically 4% to 8% of the net amount indicated. Some no-load funds also levy distribution fees permitted by Article 12b-1 of the Investment Company Act; these are typically 0. 25%. A true no-load fund has neither a sales charge nor

Other Words for Fund

Fund Adjective Synonyms: supply, stock, reserve, store, pool, cache, reservoir, repository, mine
Fund Noun Synonyms: finance, back, capitalize, stake, support, pay for, endow, grant, subsidize
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Other Words for Load

Load Verb Synonyms: weight, burden, onus, pressure, encumbrance, millstone, cross, albatross, responsibility, care, anxiety, worry, trouble
Load Noun Synonyms: pack, pile, stack, heap, fill, lade, stuff, cram, jam, squeeze
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Level Load

Business / Finance / Level Load: A mutual fund that charges a permanent sales charge, usually at some fixed percentage. See: Front-end loads and back-end loads. MORE

Fund Family

Business / Finance / Fund Family: As defined by FASB No. 52, an affiliate's functional currency is the currency of the primary economic environment in which the affiliate generates and expends cash. MORE

Back-End Load Fund

Business / Finance / Back-End Load Fund: A mutual fund that charges investors a fee to sell (redeem) shares, often ranging from 4% to 6%. Some back-end load funds impose a full commission if the shares are redeemed within a designated length MORE

Load Spread Option

Business / Finance / Load Spread Option: A method of allocating the annual sales charge on load funds, often through percentage deductions from a customer's periodic fixed payments. MORE

Mutual Fund

Business / Finance / Mutual Fund: Mutual funds are pools of money that are managed by an investment company and regulated by the Investment Company Act of 1940. They offer investors a variety of goals, depending on the fund and its in MORE

No-Load Mutual Fund

Business / Finance / No-Load Mutual Fund: An open-end investment company whose shares are sold without a sales charge. There can be other distribution charges, however, such as Article 12B-1 fees. A true no-load fund has neither a sales charg MORE

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