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Old 01-13-2018, 06:33 PM
Peter P. Peter P. is offline
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Join Date: Mar 2006
Location: Meriden CT
Posts: 7,231
What "sale of fund shares" means is, there is a sales charge for selling the shares to you; something like a sales tax, although it's not a tax. Some people think "sale" means when YOU sell the shares. That's possible, and is called a "back loaded" fund. If you pay when you BUY the shares, it's called a "front loaded" fund.

You should be looking for a fund which is a "no-load" fund which means no front or back loading, then look for the lowest annual fund charges, although I forget what term is used for that.

I am not a personal finance expert, but do have an involvement in my investments and retirement accounts.
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