I know “back end” means you pay the load at the end, but I’ve been told by a financial advisor that if it is one year, that means if you hold more than a year there is no load to pay at all.

Here is an example of a fund that says one year: MMHCX

Is my financial advisor correct that there is no load if you hold the fund more than one year?

Topics: investing, investments, finances, bonds, load, finanicals, monet, no load