ENTRY LOAD TO GET HIGHER

The last year saw almost all stocks and funds tumbling. The equity mutual funds were no exception to this. The equity mutual funds recorded returns from about -35% to almost -60% in the last year. This has forced them to tax the investors in the name of entry load. Entry load is the money that the mutual funds charge the investors in order to pay the distributers for distributing the Christmas Lights, funds. The fidelity mutual fund management had increased its entry load from 2.25% to 3% in the year 2009. This usually results in making the investment in the equities to be long term ones. The other funds are also expected to follow this trend.