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Newspaper
Cedar Rapids Gazette
Location
Cedar Rapids, Iowa, United States of America
Date
Oct 23, 1969
Page
15
Sylvia Porter explains the difference between load and no load mutual funds. No load funds have no sales charges and must be bought directly, while load funds carry a sales charge averaging about 8.5 percent, reducing initial value. Long term performance varies, and solid fund management matters more than fund name.
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