Investments glossary

No Transaction Fee Mutual Fund

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Quotes of the day:

Let me tell you something that we Israelis have against Moses. He took us 40 years through the desert in order to bring us to the one spot in the Middle East that has no oil!

— Golda Meir

A no transaction fee mutual fund is a mutual fund with no associated trading fees. No transaction fee mutual funds are typically bought directly from the mutual fund company or through discount brokerage platforms. No transaction fee mutual funds are advantageous to the investor because it allows him or her to purchase the mutual fund without incurring any sales charges on the trade. No transaction fee mutual funds may also be referred to as NTF mutual funds or no load mutual funds.

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