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A front-end load on a mutual fund is a mere sales charge that is usually quickly made up for by the fund in terms of

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A front-end load on a mutual fund is a mere sales charge that is usually quickly made up for by the fund in terms of investment performance. To get the best managers, we usually have to pay sales loads. These are the funds that consistently beat the performance of the S\&P 500. The fee is a mere price of admission to superior returns. True False

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