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Is a no load mutual fund the same thing as an index fund?

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Is a no load mutual fund the same thing as an index fund?

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  1. The two are not related, though most index funds are no-load because their main selling point is lower cost.

    A no-load fund does not charge a fee when you buy or sell shares.

    An index fund is a mutual fund that selects it shares based on the shares in a published index. For example, the makeup of an S&P 500 index fund matches the S&P 500 index.

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