The Mutual Fund Education Alliance, a national trade association of the no-load and direct mutual fund industry, has launched a new feature on its Web site ( www.mfea.com ) called How to Buy No-Load Funds.
The site outlines five major ways in which investors can buy no-load funds:
- Direct No-Load
- Online Broker
- Employer-Sponsored Retirement Plan
- 529 College Savings Plan
- Financial Adviser
The 36 member companies of the MFEA represent nearly 1,500 mutual funds and manage nearly $3 trillion in assets.