No-load funds may have "service fees" of 0.25 percent or less.

Name: No-load funds may have "service fees" of 0.25 percent or less.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

No-load funds typically do not have any upfront or back-end sales charges or commissions. However, they may still charge a small fee for ongoing services such as account maintenance or recordkeeping. These fees are usually capped at around 0.25 percent of assets per year and are known as service fees.

No-Load Funds May Have "Service Fees" of 0