A no-load fund is a mutual fund that

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A no-load fund is a mutual fund that

▸ has an expense ratio that is less than 1 percent.

▸ has an expense ratio equal to zero.

▸ does not charge any load or fees.

▸ does not charge a front-end or back-end load.

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Personal Finance

Edition: 2^nd

Author: Bajtelsmit

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