Phone Switching

Phone Switching This give investors the ability to transfer currency between various mutual funds, as long as those funds are part of the same family, on the telephone. This is much easier than heading down to the manger's office in order to get these results, as it can be done in a matter of minutes. By allowing telephone switching, it gives the investor better control of his or her assets, which is a major positive in the long run for all investors. It also allows mutual fund managers to give better customer service, since they can be readily available on the telephone to handle these requests.