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Mutual Fund 鈥淢in Subsequent Investment鈥?question? |
I have a question in reference to the Min Subsequent Investment question on a mutual fund. If I purchase a Mutual Fund that has a front load of say 5%. Would I have to pay the 5% load on any additional subsequent investment to the same fund? Yes you do. Exception: some funds will lower or waive the front load if you invest enough money, maybe somewhere around $100,000. DO NOT buy any mutual fund with a front load! There is NO excuse for that! pretty much. J Is this you? 鈥?:)! |
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