The "load" fee charged by a mutual fund is paid when the shares are sold.

Name: The "load" fee charged by a mutual fund is paid when the shares are sold.
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A "load" fee in a mutual fund context can refer to a sales charge or commission paid either at the time of purchase (front-end load) or at the time of sale (back-end load), but it is not exclusively paid when shares are sold.

The "Load" Fee Charged by a Mutual Fund Is Paid