____ are sold directly to the public through the mail or Internet with no sales commission.

Question

Quizplus · Accepted Answer

No-load mutual funds are sold directly to the public through the mail or Internet with no sales commission. This means that investors can buy and sell shares without incurring any additional fees or charges, making them a cost-effective option for investors who want to take a hands-on approach to managing their investments. Open mutual funds, on the other hand, are available for purchase through brokers or financial advisors, while load mutual funds include sales commissions or other fees that are built into the purchase price. Fixed and limited mutual funds are not commonly used terms in the mutual fund industry.

____ Are Sold Directly to the Public Through the Mail