Given that no-load funds are widely available, why would a rational investor pay a front-end load? More

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Given that no-load funds are widely available, why would a rational investor pay a front-end load? More generally, why don't fund investors always seek out funds with the lowest loads, management fees, and other fees?

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Fundamentals of Investments Valuation and Management

ISBN: 978-0077283292

5th edition

Authors: Bradford D. Jordan, Thomas W. Miller

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Question Posted: Sep 19, 2012 04:32 AM

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Given that no-load funds are widely available, why would a rational investor pay a front-end load? More

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A rational investor might pay a load because he or she desires a particul...View the full answer

Fundamentals of Investments Valuation and Management

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