No-loads charge no sales fee because:
A)they are legally prohibited from doing so.
B)they charge a redemption fee instead.
C)they have no sales force.
D)they charge a 12b-1 fee instead.

Question

Quizplus · Accepted Answer

No-load funds typically have no sales force and therefore do not need to charge a sales fee. Instead, they may charge a lower expense ratio or other fees such as a 12b-1 fee or a redemption fee.

No-Loads Charge No Sales Fee Because