Which type of investor in mutual funds would be least likely to be concerned about back-end loads?

Question

Quizplus · Accepted Answer

Back-end loads are fees charged when investors sell their shares, typically decreasing over time the longer the shares are held. Young to middle-age workers investing through their employer-based retirement plan are less likely to be concerned about these fees because they are investing for the long term, often until retirement, reducing the impact of back-end loads.

Which Type of Investor in Mutual Funds Would Be Least