When a mutual fund does not assess a sales charge at the time of the investment purchase, it is called a$$

$(2\mathrm{.}5$pts$)$

Question $5-$ When a mutual fund does not assess a sales charge at the time of the investment purchase, it is called a$$

low$-$load fund.

no$-$load fund.

back$-$end load fund.

front$-$end load fund.