Currency trading – The types of mutual funds most investors deal with is, of course, the load-type.

There is another type which is no-load in nature. It is marked by absence of the load charge, or sales commission charged by most open-end investment companies. Ranging from 6 to 9 per cent, this charge is included in the offering price of mutual fund shares. About 10 per cent of mutual funds are the no-load type, with Energy Fund Inc. attracting the most recent attention. While most no-load funds are of the balanced type, Energy Fund specializes in industries operating in the energy fields.

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