Back end loan fund
	• A mutual fund that charges investors a fee to sell (redeem) shares often is ranging from 4% to 6%. Some back-end load funds impose a full commission if the shares are redeemed within a designated time, such as one year. The commission decreases the longer the investor holds the shares. The formal name for the back-end load is the contingent deferred sales charge, or CDSC.
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	Commission Contingent deferred sales charge Investor Load fund Mutual fund Sales charge Sales Sell Shares Time
	Related Terms
	Annual fund operating expenses Asset allocation fund Back contracts Back discount rate Back end load Back fee Back office Back spread or backspread Back to back financing Back to back loan Back up Balanced fund Balanced mutual fund Bond fund Bridge loan Broker loan rate Builder buy down loan Bullet loan Bullet loan or security Buy back Closed end fund Closed end investment company Closed end investment company or fund Closed end mortgage Collateralized loan obligation Dealer loan Diversified common stock fund Employee stock fund End of month End of year convention Equivalent loan Eurocurrency loan market Exchange traded fund Federal home loan banks Federal home loan mortgage corporation Fixed rate loan Floating rate loan Front end load Fund family Fund manager Global fund Growth fund Growth fund or growth stocks Hedge fund Hedge fund types Income fund Index fund Industry fund Intercompany loan Interest impact on sinking fund factor International fund International monetary fund Inventory loan Jumbo loan Load fund Loan amortization Loan amortization schedule Loan commitments Loan syndication Loan value Match fund Money market fund Municipal bond fund Mutual fund Mutual fund theorem No load fund No load mutual fund Open end fund Open end investment company Open end mortgage Parallel loan Project loan certificate Project loan securities Purchase fund Pure index fund Regional fund Revenue fund Sale and lease back Savings and loan association Sector fund Secured loan Self liquidating loan Short term self liquidating loan Single country fund Sinking fund Sinking fund requirement Specialized fund Swap buy back Term loan Term loan agreement Term long term loan Transaction loan Trust receipt inventory loan Two fund separation theorem Unsecured loan Value fund or value stocks Variable rate loan Warehouse receipt loan Whole loan Year end

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