What type of fee has no sales charge?

Name: What type of fee has no sales charge?
Brand: Quizplus
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Question

Quizplus · Accepted Answer

A no-load fund has no upfront sales charge, unlike a load fund which does have a fee. The front-end load and back-end load refer to when the fee is charged (either upfront or when selling the fund), and the management fee is a separate fee charged for managing the investments within the fund. Therefore, a no-load fund is the best choice for someone looking to avoid sales charges.

What Type of Fee Has No Sales Charge