Meaning NO-LOAD MUTUAL FUND: An open-end investment company whose shares are sold without a sales charge. There can be other distribution charges, however, such as Article 12B-1 fees. A true no-load fund has neither a sales charge nor a distribution fee
More terms such as No-load mutual fund in Dictionary N.
- Definition Nonqualifying Annuity:
- Examples An annuity that does not fall under an IRS-approved pension plan. Contributions are made with after-tax dollars, but earnings can accumulate tax-deferred until withdrawal no-load mutual fund definition.
- Definition National Association Of Securities Dealers (NASD):
- Examples Nonprofit organization formed under the joint sponsorship of the investment bankers' conference and the SEC to comply with the Maloney Act, which provides for the regulation of the OTC market no-load mutual fund explain.
- Definition Naive Diversification:
- Examples an investor simply invests in a number of different assets in the hope that the variance of the expected return on the portfolio is lowered. In contrast, mathematical programming can be used to no-load mutual fund what is.
- Definition Net Present Value (NPV):
- Examples The present value of the expected future cash flows minus the cost no-load mutual fund meaning.
- Definition Nonperforming Asset:
- Examples An asset that is not effectively producing income, such as an overdue loan no-load mutual fund abbreviation.
