back-end load

noun

1. the final charges of commission and expenses made by an investment trust, insurance policy, etc, when the investor is paid out

Derived Forms

• back-end loading, noun

Example Sentences

You will find that some mutual funds in this classification have no back-end load fees at all.

From Encyclopedia.com

It's the same with a back-end load, where 5 percent can cost more if the fund has had healthy gains.

From US News

Class B shares have a back-end load.

From US News

Expense ratios are usually between those of the other classes, and there may be a small back-end load that is waived for shares held longer than a year.

From US News

Of the seven share classes for Janus Unconstrained Bond, five carry expenses at least 0.25 percentage points higher than what Gross had to cover at Pimco Total Return, and there can be a front-end or back-end load depending on the share class.

From Seattle Times