No load mutual fund - An open-end investment company, shares of which are sold without a sales charge. There can be other distribution charges, however, such as Article 12B-1 fees. A true no load fund will have neither a sales charge nor a distribution fee.
No load mutual fund : an open-end investment company, shares of which are sold without a sales charge. there can be other distribution charges, however, such as article 12b-1 fees. a true no load fund will have neither a sales charge nor a distribution fee.