For a load fund, the average commission usually ranges between 3 and 5 percent of the purchase price for investments under $10,000.

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Quizplus · Accepted Answer

This statement is true. Load funds typically charge a commission fee, which is a percentage of the investment amount, and this fee is often higher for smaller investments under $10,000. The average commission for load funds can range between 3% and 5%.

For a Load Fund, the Average Commission Usually Ranges Between