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Phone switching

• In mutual funds, the ability to transfer shares between funds in the same family by telephone request. There may be a charge associated with these transfers. Phone switching is also possible among different fund families if the funds are held in street name by a participating broker/dealer.

 
 Embedded terms in definition
 Held
Mutual funds
Mutual fund
Shares
Street name
Street
Switching
 
 Related Terms
 Switching

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