The Conversion Privilege Allows Investors to Switch from One Fund

question 92

True/False

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

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Definitions:

Prospect

A potential customer or client who has been identified as fitting the target market for a product or service.

Hospital Administrator

A professional responsible for the management, coordination, and direction of health care and hospital services.

Logic

A system of reasoning or a framework for rational thought to assess the validity of statements or arguments.

Precise Wording

The use of clear and exact language to communicate specific details effectively, minimizing misunderstandings.