A mutual fund in which no sales charge is paid by the individual investor is called a(n)________ fund.

Name: A mutual fund in which no sales charge is paid by the individual investor is called a(n)________ fund.
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A no-load fund is a mutual fund in which shares are sold without a commission or sales charge. This means that the entirety of the invested funds goes towards purchasing shares, rather than paying for fees or commissions.

A Mutual Fund in Which No Sales Charge Is Paid