Site Offers ?No Load? Focus

August 5, 2002 ( - Retirement plan investors now have a new tool to help them track down no-load mutual funds.

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 ( ) called How to Buy No-Load Funds.

The site outlines five major ways in which investors can buy no-load funds:

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  • 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.