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.

---

Definitions:

Toxic Assets

Financial assets whose value has fallen significantly and for which there is no longer a functioning market, often causing substantial losses for those who hold them.

Sonia Sotomayor

The first Latina Supreme Court Justice in the United States, appointed in 2009, known for her advocacy for the rights of defendants, her thorough legal reasoning, and her impactful dissenting opinions.

Immigration Rights

The legal protections and entitlements available to individuals who migrate from one country to live in another, including rights of residency, work, and protection under the law.

Toxic Assets

Financial assets whose value has dropped significantly and are difficult to sell, often because the risk of default is higher than originally anticipated.