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Level Load

A recurring, annual sales fee (load) that is charged on holdings of level load funds (class C shares of a...

Load Spread Option

An alternative method of collecting the sales fees or loads (typically, annual) for a mutual fund in a series of...

Pooled Income Fund

An income fund that is operated by a charitable organization by means of pooling donated investments that are obtained as...

Lift a Leg

An action that an investor takes in the execution of a spread transaction by closing one of two simultaneously held...

Breakpoint Discount

A volume discount to the front-end sales load charged to investors who purchase mutual fund shares (often class A shares...

Blended Price

The weighted average price per share that is calculated with respect to a two-tier tender offer. This is the price...

ROA

It stands for rights of accumulation; the cumulative amount (pre-determined levesl of investment) that an investor has in a mutual...

Two-Tier Tender Offer

An offer to acquire all of the outstanding shares of a firm by purchasing a controlling interest in the firm...

Rights of Accumulation

The cumulative amount (pre-determined levesl of investment) that an investor has in a mutual fund, and which qualifies him for...

Breakpoint

The cumulative amount (pre-determined levesl of investment) that an investor has in a mutual fund, and which qualifies him for...