| Exchange Privilege | |
 The opportunity given to a mutual-fund shareholder to exchange a fund for another within the same fund family at no additional cost. |
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 This privilege allows investors to switch funds when market conditions change. For example, you might want to be in an aggressive growth fund when the market is going up, but when the markets start heading downward, you may switch to a bond fund. There is usually a limit as to how many times per year you can switch to other funds within a family. |
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 Mutual Fund Basics Tutorial - Learn about the basics--and the pitfalls!--of investing in mutual funds. Maintaining Your Mutual Fund Equilibrium - Like a tune-up for your car, mutual-fund rebalancing should minimize trouble down the road. When to Sell a Mutual Fund - Unhappy with your mutual fund's returns and thinking of investing elsewhere? Read this article first. Understanding Cycles - The Key To Market Timing - You need to understand the various phases of the market cycle to avoid bubbles and also maximize your returns. |
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