Load versus No-Load Funds. What is the difference between no-load and load mutual funds? How do loads allect a funds return? Why do some investors purchase load funds? How does an investor purchase a no-load fund?The diference between no-load and load mutual funds is: (Select the best answer below)A. No-load mulual funds provide a guaranteed retura, whereas load mulual funds do notB. No-toad mutual funds are managed by irvestors themselves, whereas load mulual funds are managed by professional portfolo managersC. No-load mutual funds invest only in government securities, whereas load mutual funds invest in corporate stocksD. No-load mutual funds do not charge a fee when you purchase them, whereas load mutual funds charge a fee at the time of purchaseStudies on mutual funds have found that (Select the best answer below)A. no-load funds always outperform load funds when considering the fees paid on load funds.a. Ioad funds always outperform no-load funds when considering the fees paid on load funds.C. no-load funds outperform load funds when considering the fees paid on load funds on average.D. load funds outperform no-load funds when considering the fees paid on load funds on average.Investors purchase load funds because: (Select the best answer below.)A. they don't understand these types of funds.B. they may be the only type of fund available.C. they believe that the load fund will generate higher returns and outperform a no-load fund even atter the load fee.D. load funds always outperform no-toad funds when considering the fees paid on load funds.