The cumulative amount (pre-determined levesl of investment) that an investor has in a mutual fund, and which qualifies him for a discount in sales fees (loading charges/ load). The proportion of a discount depends on the dollar amount paid by an investor for mutual fund shares. The higher the amount, the larger the discount is. For example, breakpoint discounts may start at specific currency levesl such as CU 30,000, and increase at yet higher levels, CU 80,000, CU 150,000, CU 250,000, all the way up to a specific threshold (e.g., CU 1 million), where the sales fees are completely eliminated.

It is also referred to as rights of accumulation (ROA).