Back-end load mutual funds charge a commission when the investor sells the mutual fund.

Name: Back-end load mutual funds charge a commission when the investor sells the mutual fund.
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Back-end load mutual funds do charge a commission when the investor sells the mutual fund, also known as a redemption fee. This fee is typically a percentage of the amount being redeemed and is deducted from the investor's proceeds.

Back-End Load Mutual Funds Charge a Commission When the Investor