__________ fund is defined as one where the fund charges a sales commission to either buy into or exit the fund.

Question

Quizplus · Accepted Answer

A load fund is defined as one where the fund charges a sales commission to either buy into or exit the fund. This means that investors would need to pay extra fees when buying or selling shares in the fund. This may affect the overall returns of the investment, and investors should be aware of the fee structure before making any investment decisions.

__________ Fund Is Defined as One Where the Fund Charges