Which of the following is true about the differences between no-load mutual funds and load mutual funds?
A) No-load funds invest in fewer types of investments than load funds.
B) Load funds generally have fewer different stocks and bonds in their investment portfolio.
C) Load funds charge a yearly management fee whereas no-load funds do not.
D) No-load funds do not charge when you buy shares and load funds do.
E) No-load funds have no charges for purchases, but fees are charged to sell them, and load funds have fees at the beginning and at the end.

Question

Quizplus · Accepted Answer

No-load funds do not charge when you buy shares, while load funds do. This is the main difference between the two. Option A, B, and C are incorrect as they are not true statements about the differences between no-load and load mutual funds. Option E is partially correct, as it mentions fees for selling no-load funds, which can vary depending on the specific fund, but load funds also have fees for selling.

Which of the Following Is True About the Differences Between