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NAV and Other Funds

NAV and Other Funds

Load vs. No Load Mutual Funds

Yeah, we hate the word ‘load,’ too. But you need to know what it means for the exam, so pay attention. A mutual fund that charges a load is just charging a fee, similar to a commission, when you buy the fund. Paying a load up front is usually a better deal than buying a “no load” fund. Why? Because once you pay that initial fee you, then only need to pay a low annual management fee, whereas no load funds, which do not charge an initial load (fee), trap you with hi...

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