Business, 11.02.2020 19:27, cairolove228
An investor is nearing retirement. Historically, the investor has purchased shares of equity funds, including growth funds, with the objective of capital appreciation in their retirement portfolio. Now, the investor is seeking to transition that objective to income generation for retirement purposes. The investor can avoid additional sales load, because the investor keeps their assets under the same family of funds. Which of the following allows this investor to avoid an additional sales load at this time?
[A] A Letter of Intent
[B] Rights of Accumulation
[C] An Exchange or Switching Privilege
[D] A Contingent Deferred Sales Load
Answers: 2
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An investor is nearing retirement. Historically, the investor has purchased shares of equity funds,...
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