Home  |  Personal Finance  |  Investing  | 

Understanding Mutual Funds

What is a no load fund?

To properly view this site, javascript must be enabled and Flash version 9 or higher must be installed.
Get the latest Flash player
David John Marotta
President, Marotta Wealth Management, Inc., Marotta Wealth Management, Inc.
http://www.emarotta.com  
434-244-0000

David John Marotta is the President of Marotta Wealth Management, a fee-only financial planning and asset management firm in Charlottesville, Virginia. He is an oft-quoted writer and speaker on financial matters and his weekly financial column can be found at www.eMarotta.com

What is a no load fund?

 

This expert: 182,852 views

This series: 17,042 views

Download to Mobile Device
Tags:

Money

,

Savings

,

Risk

,

Return

,

Portfolio

Comments:

0 (Read Comments) (Add Comment)

Print

Transcripts

Host: What is a No Load Fund?

David Morotta: A No Load Fund is a fund that does not charge any sales charge. Usually these are sold by the mutual fund companies. Sometimes they are through fee only financial planners, sometimes you can buy your investment broker or custodian and they will usually have a list of no transaction, no load mutual funds.

No Load Mutual Funds also have to have very low what s called 12b-1 fees, 12b-1 fee is have to be under 0.

25%. A loaded fund might have a 12b-1 fee that s 1% or more.

Other Videos

  • Choosing a Financial Planner

    Choosing a Financial Planner

    In this video, financial planning professional and member of the Financial Planning Association®, Mark Johannessen, CFP®, describes the four important steps to take when choosing a financial planner. This video is designed for individuals trying to decide if they need the services of a financial planner. This video series includes an overview of knowing when you need the services of a financial planner, looking for a financial planner and choosing the right one, the importance of full disclosure and how to contact a financial planning professional.
  • How does credit fit into the mortgage equation?

    How does credit fit into the mortgage equation?

    In this video, mortgage advisor, Jeff Thomas describes how to purchase your first home and the process you must go through to obtain a mortgage. This video is designed for first time homebuyers and also provides valuable information to indivduals who have purchased a home in the past. This video includes an overview of the four parts of a loan file, mortgage jargon, the loan process, house hunting, the types of mortgages available and the 7 steps on how to manage your mortgage correctly.
  • What is dollar cost averaging?

    What is dollar cost averaging?

  • How do I know if I have what it takes to start a business?

    How do I know if I have what it takes to start a ...

    David Krauskopf of SCORE explains how you will know if you are ready to start a business.
  • In addition to finances, what issues are important for retirement planning?

    In addition to finances, what issues are important for ...

  • What is a stock index?

    What is a stock index?