Fund Basics: Sales Loads and Other Charges

Learn about the expenses funds charge and which ones you can avoid.

Funds offer plenty of benefits to busy investors. Here's a quick review of what they'll cost you.

Some mutual funds impose a sales charge when you purchase shares. These loads are essentially commissions that pay the professional adviser or broker who sold you the fund. There are also thousands of other no-load funds. They market directly to the public and have no salespeople. If you choose to research and invest in funds on your own, there is no need to pay this commission.

Subscribe to Kiplinger’s Personal Finance

Be a smarter, better informed investor.

Save up to 74%

Sign up for Kiplinger’s Free E-Newsletters

Profit and prosper with the best of expert advice on investing, taxes, retirement, personal finance and more - straight to your e-mail.

Profit and prosper with the best of expert advice - straight to your e-mail.

Sign up

To continue reading this article
please register for free

This is different from signing in to your print subscription

Why am I seeing this? Find out more here