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Comprehensive definition of the term lock-in period The lock-in period is designed to prevent early withdrawals, ensuring stability and long-term capital retention within the investment vehicle. For example, in mutual funds , a lock-in period might be three years, during which investors are not allowed to sell their units, ensuring the fund ...
May 2, 2023 · A lock-in or rate lock on a mortgage loan means that your interest rate won’t change between the offer and closing, as long as you close within the specified time frame and there are no changes to your application. Mortgage interest rates can change daily, sometimes hourly.
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- What Is A load?
- How Sales Loads Work
- Back End Load
- Other Fund Expenses
- Sales Load Considerations
- No-Load Funds
A load is a sales chargeor commission charged to an investor when buying or redeeming shares in a mutual fund. Sales charge commissions can be structured in a number of ways. They are determined by the mutual fund company and charged by mutual fund intermediaries in mutual fund transactions. Common types of sales charges include front-end loads and...
A load is a sales charge that compensates an intermediary for distributing shares of a mutual fund. Loads vary by share classand are determined by the mutual fund company. Mutual fund companies structure sales charges by share class. They provide a sales charge schedule in the mutual fund’s prospectus. Loads can be front-end, back-end, or level. Fr...
Back-end loads can be associated with B-shares or C-shares. The back-end load is paid when an investor sells the fund. In class B-shares, the back-end load is typically contingent deferred which means it decreases over time. A back-end load can be a flat fee or can gradually decrease over time, usually within five to 10 years. In the latter case, t...
Any type of payment to an intermediary for distribution services can be considered a load. Mutual fund investors pay annual operating expenses which are accounted for in the fund’s net asset value. A portion of the fund’s operating expenses may include a 12b-1 fee, also called a level-load. This fee is paid by the mutual fund to the intermediary an...
Sales charges are commissions agreed upon between mutual fund companies and intermediaries. They are typically charged by full service brokers and mutual fund distributors. Investors can potentially avoid sales loads by buying and selling mutual fund shares through a discount brokerage platform. Oftentimes, investors can also avoid sales loads by i...
A no-load fund is a mutual fund in which shares are sold without a commission or sales charge. This absence of fees occurs because the shares are distributed directly by the investment company, instead of going through a secondary party. This absence of a sales charges is the opposite of a load fund—either front-load or back-load—which charges a co...
May 13, 2022 · A locked-in interest rate, also known as a rate-lock, is when the lender agrees to lock-in the interest rate before closing. Lock-ins are generally used with mortgages,...
- Julia Kagan
Feb 12, 2024 · Updated February 12, 2024. Reviewed by. Erika Rasure. Fact checked by. Rebecca McClay. What Is a Mortgage Rate Lock? A mortgage rate lock is an agreement between a borrower and a...
Nov 25, 2023 · 32 views 4 months ago. Unraveling 'Lock and Load': Exploring the Meaning Behind the Phrase • Delve into the origins and significance of the widely used phrase 'Lock and Load'. Discover...
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- Language.Foundation: English Fluency
"Lock and load" means to prepare for action or to get ready for something. What context can I use the in? Example. The soldiers were told to lock and load their weapons. Example. We need to lock and load before the big game starts. Example. The team locked and loaded their equipment before the mission.
