The shares of load mutual funds sell for a discount from their net asset value.

Question

Quizplus · Accepted Answer

Load mutual funds typically charge fees, such as sales charges or commissions, which are added to the net asset value (NAV) of the fund. Therefore, the shares of load mutual funds are typically sold at cost or at a premium to their NAV, not at a discount. However, investors should still be mindful of the total fees and expenses when considering investing in load mutual funds.

The Shares of Load Mutual Funds Sell for a Discount