A load fund is a mutual fund in which investors pay a commission every time they sell or buy shares.

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A load fund is a type of mutual fund in which investors are charged a commission, called a "load," when they buy or sell shares. This commission typically ranges from 1% to 5.75% and is used to compensate the financial advisor or broker who sold the fund. Alternatively, a no-load fund does not charge a commission, but may still have other fees and expenses.

A Load Fund Is a Mutual Fund in Which Investors