What is another word for no load fund?
Pronunciation: [nˈə͡ʊ lˈə͡ʊd fˈʌnd] (IPA) 
A no load fund is a type of mutual fund that does not charge any fees or commissions for buying or selling shares. This means that investors can purchase or redeem shares without incurring any additional costs beyond the initial investment. Despite the absence of loads, there are a few other terms that are often used interchangeably with no load fund. These include no-load mutual fund, load-waived fund, and zero-load fund. Some investors also use the term "direct fund" to refer to no load funds, as these funds can be purchased directly from the fund company instead of through a broker. Regardless of the term used, no load funds can be a cost-effective and convenient option for many investors.
