Purchase fee
Term · Finance and investing · MLC-T-FIN-000301
A fee that some mutual funds charge when investors buy fund shares. This is not the same as, and may be in addition to, a front-end sales load. A purchase fee is paid to the mutual fund, while a front-end sales load is paid to a selling broker.
| Identifier | MLC-T-FIN-000301 |
|---|---|
| Field | Finance and investing |
| References | SEC Investor.gov Glossary |
Record as JSON
{
"id": "MLC-T-FIN-000301",
"term": "Purchase fee",
"field": "Finance and investing",
"term_source": "Purchase Fee",
"definition": "A fee that some mutual funds charge when investors buy fund shares. This is not the same as, and may be in addition to, a front-end sales load. A purchase fee is paid to the mutual fund, while a front-end sales load is paid to a selling broker.",
"references": [
"SEC Investor.gov Glossary"
],
"url": "https://mlchart.com/terminology/finance/purchase-fee/"
}
Record 301 of 398 in Finance and investing terminology (MLC-0118). Request the full dataset.