Your broker is not acting in your best interest when they put clients into loaded funds with high expense ratios. (allfinancialmatters.com)
Instead, you must load funds into a prepaid debit card prior to using it, and you can not use more money than is available on the card. (valuepenguin.com)
For load funds, there's no additional fee other than what is charged by the mutual fund company. (thesunsfinancialdiary.com)