____ fund contains a sales charge.
A) Load
B) no-load
C) closed-end
D) open-end
E) none of the above

Question

Quizplus · Accepted Answer

A load fund contains a sales charge, which is a fee paid by the investor either at the time of purchase (front-end load) or when selling shares (back-end load). No-load funds, on the other hand, do not charge sales fees, while closed-end and open-end funds refer to the structure of the investment company and are not directly related to sales charges.

____ Fund Contains a Sales Charge