The difference between a load fund and a no-load fund is that:

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No-load funds do not charge commissions and are sold directly by the investment company, making them a better choice for investors who want to avoid paying high fees for their investments. Load funds, on the other hand, charge commissions that can eat into an investor's returns, making them a less attractive option for most investors. By choosing a no-load fund, investors can save money while still getting the benefits of investing in a well-managed fund.

The Difference Between a Load Fund and a No-Load Fund