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sam3359 sam3359
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1 months ago
Back-end loads

▸ are charged when an investor buys their mutual fund shares.

▸ are charged if an investor sells his or her shares within the first few years.

▸ were designed to help no-load funds cover their marketing expenses.

▸ encourage short-term trading.
Textbook 

Fundamentals of Investing


Edition: 14th
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benschmannbenschmann
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are charged if an investor sells his or her shares within the first few years.

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