The Conversion Privilege Allows Investors to Switch from One Fund

question 11

True/False

The conversion privilege allows investors to switch from one fund to another without fees if and only if the funds are managed by the same company such as Fidelity or Vanguard.

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Definitions:

Favorable

Describes something that is advantageous, positive, or beneficial in nature.

Attribution Theory

A concept in psychology that explains how individuals pinpoint the causes of their own and others' behavior.

Dispositional

Pertaining to one's inherent qualities of mind and character, often used in psychology to describe a person's natural tendencies or personality traits.

Situational

Relating to or dependent on a particular set of circumstances or context.