Load vs No-load Mutual Funds

This video discusses the difference between a load and a no-load mutual fund. The "load" is a sales charge/commission paid to the financial advisor or broker who sold you the fund. A load can be front-end (charged when you buy shares in the fund) or back-end (charged when you withdraw money from the fund). No-load funds do not contain a load because they don't pay people to sell the fund. Historically, no-load funds have tended to outperform load funds.
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