The Conversion Privilege Provided by Managed Fund Families Allows Investors

The conversion privilege provided by managed fund families allows investors to

A) move from one fund family to another once every six months.
B) move from one fund to another without incurring any capital gains tax liability.
C) re- allocate their funds at any time as long as they pay an additional sales load on the transferred funds.
D) be more aggressive since they can re- allocate their funds when market conditions change.