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

question 19

Multiple Choice

The difference between a load fund and a no-load fund is that:

• A)no-load funds do not charge commissions, and are sold directly by the investment company.
• B)load funds do not charge commissions, and are sold directly by the investment company.
• C)no-load funds charge higher commissions than load funds.
• D)no-load funds charge lower commissions than load funds.

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Definitions:

Acquaintances

Individuals one knows slightly, but who are not close friends.

Minority Groups

Demographic segments of the population that differ from the majority in certain characteristics, often leading to unequal treatment or discrimination.

Unemployed

Individuals who are not engaged in paid work but are available for and seeking employment.

Lower Class

pertains to the social group that occupies the bottom tier of the social hierarchy, often associated with lower income and limited access to resources.