Fund switching allows you to transfer funds from one mutual fund family to another,as long as both families are approved by the SEC.

Question

Quizplus · Accepted Answer

Fund switching typically refers to transferring investments within the same mutual fund company or family, not between different fund families. Transfers between different fund families would require selling shares in one family and purchasing shares in another, which is not the same as fund switching.

Fund Switching Allows You to Transfer Funds from One Mutual