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Investing Glossary:
Load fund
Copyright 2013,
Campbell R. Harvey. All Rights Reserved.
Do not reproduce without explicit permission.
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| Definition: |
| 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
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