A mutual fund known as a load fund requires investors to pay a commission each time they sell or buy shares.
Normally, you should contribute something like $250 to open a shared asset account. The payments made to a fund's shareholders as a result of the sale of securities in the fund's portfolio are known as capital gain distributions.
When shares are purchased, which class of shares charges a commission?
Shares in Class A with front-end loads. At first, the majority of load fund companies only offered front-end loaded shares. Class A shares are the designation used by the majority of fund companies that sell front-end load shares. When investors purchase these shares for the first time, they are charged a sales fee.
Learn more about mutual fund here:
https://brainly.com/question/4521829
#SPJ4
