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sam3359 sam3359
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2 years 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

Fundamentals of Investing


Edition: 14th
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benschmannbenschmann
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2 years ago
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