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No load mutual fund

The financial definition for No load mutual fund:

An open-end investment company whose shares are sold without a sales charge. There can be other distribution charges, however, such as Article 12B-1 fees. A true no-load fund has neither a sales charge nor a distribution fee.




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Aggressive growth mutual fund
A mutual fund designed for maximum capital appreciation that places its money in companies with high growth rates.


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Asset allocation mutual fund
A mutual fund that rotates among stocks, bonds, and money market securities to maximize return on investment and minimize risk.


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Bond mutual fund
A mutual fund holding mutual fund.


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No load mutual fund
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