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load fund

American  

noun

  1. a mutual fund that carries transaction charges, usually a percentage of the initial investment.

Example Sentences

Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.

If you do choose a load fund be sure you're getting the service you're paying for, says Chris Kim, chief investment officer at Tompkins Financial Advisors in Ithaca, New York.

From US News • Sep. 12, 2016

If you own a load fund for at least seven years, nothing but A shares makes sense.

From Time Magazine Archive

Definitions and idiom definitions from Dictionary.com Unabridged, based on the Random House Unabridged Dictionary, © Random House, Inc. 2023

Idioms from The American Heritage® Idioms Dictionary copyright © 2002, 2001, 1995 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company.