Explain the Difference Between a Load Fund and a No-Load

question 143

Essay

Explain the difference between a load fund and a no-load fund.From a performance standpoint,is there a significant difference between mutual funds that charge commissions and those that do not?

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Definitions:

Authority

The power or right to give orders, make decisions, and enforce obedience.

General Partners

General partners are individuals or entities that participate in the management of a partnership and have unlimited personal liability for its debts.

Reflective Listening

A communication technique involving understanding, retaining, and providing feedback of the message's content and emotion from the speaker.

Verbal Response

Communication that involves the use of words, either spoken or written, to convey a message.