Brokers are less likely to recommend a no-load fund to their clients.

Name: Brokers are less likely to recommend a no-load fund to their clients.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

This is because brokers typically earn commission or fees from load funds, which are charged to clients. No-load funds, on the other hand, do not have these additional fees, which means brokers may not earn as much from recommending them to their clients.

Brokers Are Less Likely to Recommend a No-Load Fund to Their