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:

Acrosome

A cap-like structure present over the anterior part of a sperm's head, containing enzymes that help sperm penetrate an egg.

Midpiece

A part of the sperm cell that contains mitochondria, providing energy for movement.

Centriole

A small, cylindrical cell structure in the cytoplasm of animal cells, involved in the process of cell division and in the formation of cilia and flagella.

Nourishment

The provision of food or other substances necessary for growth, health, and good condition.