A(n) ___________ is a fee charged on the initial purchase of a mutual fund, for example, a 5% of the offering price.

Name: A(n) ___________ is a fee charged on the initial purchase of a mutual fund, for example, a 5% of the offering price.
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A front-end load is a fee charged on the initial purchase of a mutual fund, typically a percentage of the offering price. This fee can be used to compensate sales representatives and cover administrative costs for the fund company.

A(n) ___________ Is a Fee Charged on the Initial Purchase