A front-end sales load is paid when you purchase shares of a mutual fund. This money is taken out of whatever you invest in the fund. So, if you were to put $10,000 into a mutual fund that charges a front-end sales load of 3%, $300 of that money would go toward covering the fee while the remaining $9,700 would be invested.
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March 04, 2021 at 03:00PM
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What Is a Sales Load and How Is it Calculated? - KAKE
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