Many mutual funds charge a commission every time shares are purchased by investors. These are called

Question

Quizplus · Accepted Answer

Load funds charge a commission when shares are purchased, which can reduce the overall returns for the investor. Therefore, it may not be the best choice for investors looking to maximize their returns. Open-end funds (E) and closed-end funds (B) do not charge a commission every time shares are purchased by investors. Exchange-traded funds (C) may have some trading costs, but they typically have lower expense ratios compared to load funds. Net asset value funds (D) are a measure of the value of a fund's assets minus its liabilities and do not involve commissions.

Many Mutual Funds Charge a Commission Every Time Shares Are