The difference between a load fund and a no-load fund is that
A)load funds invest in a variety of securities while no-load funds limit their investments to common stocks.
B)load funds borrow money to increase their portfolio,while no-load funds do not.
C)you buy no-load funds at their net asset values,but you pay more than net asset value when you buy load funds.
D)no-load funds can be purchased anywhere,but load funds must be purchased through a stockbroker.

Question

Quizplus · Accepted Answer

Load funds charge a commission or sales fee, which is added to the net asset value of the fund when purchased. No-load funds do not have these fees, so you buy them directly at their net asset value.

The Difference Between a Load Fund and a No-Load Fund