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8 Cards in this Set

  • Front
  • Back
Load
sales charge applied against an investment
Front End Load
sales charge levied against incoming deposits or investments
Back End Load
sales charge that levies sales charge against funds that are being withdrawn from the fund
No-Load
A mutual fund with no sales charge(money invested is deposited directly to the fund)
Dollar Cost Averaging
systematic urchase of mutual fund shares regardless of the share price (no trying to "time" the market"
Net Asset Value (NAV)
price-per-share of the mutual fund
Open-End
a mutual fund that continually sells new shares to the public
Closed-End
a mutual fund that has a fixed number of shares and trades on major exchanges like stock