If you have additional questions please contact Eric Clark at
"A mutual fund whose shares are sold without a commission or sales charge. The reason for this is
shares are distributed directly by the investment company, instead of going through a secondary
is the opposite of a load fund, which charges a commission upon the initial purchase at the time of
Since there is no cost for you to enter a no-load fund, all of your money is working for you. If you
$10,000 worth of a no-load mutual fund, all $10,000 will be invested into the fund. On the other
you buy a load fund that charges a commission of 5% upon purchase, the amount actually invested in
is $9,500. If both funds return 10%, the no-load fund would have grown to $11,000 while the loaded
rose to $10,450.
The major idea behind a load fund is that you will make up what you paid in commissions with the
that the managers will provide. However, most studies show that loads do not outperform no-loads."
UPDATE 6:32 A.M.
Due to difficult timing of weather conditions, Harford County Public Schools and offices will be closed today, Thursday, January 20, 2022. Essential personnel should await further information from their supervisor.
1/20/2022 6:33:17 AM
1/20/2022 8:36:18 AM