Question: Whats the difference between an open-end mutual fund and an ETF? Whats the difference between a load fund and a no-load fund? Under what circumstances

  1. Whats the difference between an open-end mutual fund and an ETF?
  2. Whats the difference between a load fund and a no-load fund?
  3. Under what circumstances would you choose a no-load fund over a load fund?
  4. Whats an asset allocation fund? How do these funds differ from other types of mutual funds?

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