Load Sales Charge

Definition of "Load (sales charge)"

Charlotte Lacy &  Michelle Perez
Charlotte Lacy & Michelle Perez AUSTIN EXECUTIVE HOMES

Sales commission charged to buy shares in a real estate mutual fund sold by a broker or salesperson. Typically, the fee ranges from about 1 percent to 8 percent of the initial investment. The fee is added to the net asset value (NAV) per share when investing. Many mutual funds do not have a load.

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