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What is exchange privilege?

An exchange privilege is the privilege for shareholders to exchange or trade investments that are within the same family without being charged. Exchange privileges are what most investors will do if the market atmosphere changes and they need to move their assets from one fund to another to secure them

Other Financial Terms and Vocabulary

Data is provided for informational purposes only, and is not intended for trading purposes. Although data are gathered from sources believed to be reliable, Fund Mojo and its content providers cannot guarantee completeness and accuracy. Performance data quoted represents past performance. Fund Mojo and its content providers accept no liability for reliance on this data.