What's the Difference Between Back-End Loads and Redemptions?

Beverly,

It seems to me that both "no-load" funds and load funds have added significant loads to short-term trades to prohibit short-term trading. However, it was done in reaction to the market-timing activities in the news. If an investor leaves Putnam or Janus and goes into a "no-load," how do they know they are not going from the frying pan and into the fire? An investor could end up paying another fee even with a "no-load" fund if they redeem, too.

Thank you, ...