When the going gets tough, fund advisers get creative.

In the case of the Pax World Growth Fund, which was at a virtual asset standstill with less than $17 million in its portfolio in September, creativity took the form of eliminating the fund's front-end sales charge of 2.5 percent. The fund became a no-load fund Nov. 1, joining the three other no-load funds which make up the Pax World family of funds.

Subscribe Now

Access to premium content including in-depth coverage of mutual funds, hedge funds, 401(K)s, 529 plans, and more.

3-Week Free Trial

Insight and analysis into the management, marketing, operations and technology of the asset management industry.