An investment in a(n)____ fund incurs a sales charge.
A)load
B)no-load
C)closed-end
D)open-end
E)None of these are correct.

Name: An investment in a(n)____ fund incurs a sales charge. A)load B)no-load C)closed-end D)open-end E)None of these are correct.
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Question

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Load funds are mutual funds that charge a sales fee or commission when an investor buys or sells shares. This fee is used to compensate brokers or sales agents for their services.

An Investment in A(n)____ Fund Incurs a Sales Charge