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Plan - Part of retiring without losing your current benefits and standard of living is due to planning for your retirement and starting early. Today the social security people...

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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.

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Since i was looking for some efficient method to transfer currency between various mutual funds, this piece of information is very useful to me. I would like to take this policy so please update more details about it. Thank you.

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Grepthor said:

Switching refers to the process of transferring investments. Within the investment market, investor may wish to switch from one fund to another. Investors may also choose to transfer brokerage assets or liquidate a position in exchange for other securities.

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