The meaning and definition of Back-end Load - Also
Post# of 351
Posted On: 03/16/2013 12:11:45 AM
The meaning and definition of Back-end Load -
Also known as a contingent deferred sales charge (CDSC), a sales charge paid by an investor when shares are redeemed. Based on the length of time an investor holds the shares, the CDSC may be reduced or eliminated.
(0)
(0)Scroll down for more posts ▼