Exit Load
An exit load is a fee charged when an investor redeems fund shares within a specified holding period or under stated terms.
Fund redemption charge terms for exit loads, redemption fees, sales charges, and withdrawal costs.
Redemption and Sales Charges terms explain the explicit and embedded costs investors may pay through fund expense ratios, management fees, sales loads, redemption fees, and share classes.
Use this branch when costs or share-class design can change net return, distribution economics, adviser compensation, or the suitability of a fund wrapper.
| Term | Use it for |
|---|---|
| Exit Load | A fund cost, compensation, share-class, or distribution term that affects investor net return. |
| Redemption Fee | A fund cost, compensation, share-class, or distribution term that affects investor net return. |
| Sales Charge | A fund cost, compensation, share-class, or distribution term that affects investor net return. |
Check the prospectus or offering document, expense ratio, fee waiver, sales charge, redemption fee, 12b-1 or distribution fee, adviser compensation, and share-class eligibility.
This page is educational and does not recommend a specific fund, security, tax treatment, or account choice.
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An exit load is a fee charged when an investor redeems fund shares within a specified holding period or under stated terms.
A redemption fee is charged when investors sell fund shares, often to discourage short-term trading or protect remaining shareholders.
A sales charge is a fee paid to buy, sell, or distribute investment products such as mutual funds or annuities.