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Lollyinc --

<<From what I've read, studies have shown that "load" funds don't necessarily grow bigger or faster than no-load funds, and once you take into consideration the amount of the "load", you're often worse off than the no-fee fund.>

This may be true in some cases, but note that many load funds sport loads of 5% or more -- that's kind of enormous. It means you're losing 5% or more right off the bat (if it's a front-end load) or will fork over 5% or more upon withdrawal, if it's a back-end load.

Anyone interested can read more about mutual funds here -- it includes why we like index funds -- which sport extremely low or no fees in every category.

http://www.fool.com/school/mutualfunds/mutualfunds.htm

Cheers!

Selena
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