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Load Fund

Here’s another term associated with mutual fund. As such, it would be good for starters to get to know the term load fund. It is basically a mutual fund with a charge. This charge is for the sales intermediary. It could be a financial planner, a broker, or an investment advisor. This could either be paid during the time of purchase of the shares or after shares are sold. It could also be paid while the share is being held.

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