Exchange Privilege

Filed Under » ,
Dictionary Says

Definition of 'Exchange Privilege'

The opportunity given to mutual fund shareholders to exchange their investment in a fund for another within the same fund family at no additional cost. This privilege allows investors to switch funds when market conditions change.
Investopedia Says

Investopedia explains 'Exchange Privilege'

For example, you might want to be in an aggressive growth fund when the market is going up, but when the markets start heading downward, you may switch to a bond fund.

There is usually a limit to how many times an investor can switch funds within a year.
Search results for

'Exchange Privilege'

  • Series 6 Study Guide - Securities Industry Regulations ...

    http://www.investopedia.com/exam-guide/finra-series-6/securities-industry-regulations/securities-act-1934.asp
    ... interest therein or based on the value thereof), or any put, call, straddle, option,
    or privilege entered into on a national securities exchange relating to ...

  • Top Tips For Exchanging Money - Investopedia.com

    http://financialedge.investopedia.com/financial-edge/0911/Top-Tips-For-Exchanging-Money.aspx
    ... to pay a little extra for the privilege of exchanging one currency for another.
    But how can you minimize these expenses and get the best exchange rate when ...

  • Series 6 Question of the Week 03/06/2005 | Investopedia

    http://www.investopedia.com/professionals/questionoftheweek/series6/030605.asp
    ... The correct answer is b. While the exchange, or conversion, privilege in a family
    of mutual funds is certainly an advantage, it is not a tax-free transaction. ...

  • Nothing Boring About The Bourses

    http://stocks.investopedia.com/stock-analysis/2011/Nothing-Boring-About-The-Bourses-NYX-DBOEY-NDAQ-CBOE-ICE-CME-KIE-TMXGF1130.aspx
    ... fees from both listed companies and firms wanting to use the exchange to buy ... on the
    various major exchanged will pay annual six-figure fees, for the privilege. ...

  • Understanding Order Execution

    http://www.investopedia.com/articles/01/022801.asp
    ... your order to the floor of the stock exchange, or to a regional exchange. In some
    instances regional exchanges will pay a fee for the privilege to execute a ...

  • 8 Basic Forex Market Concepts

    http://www.investopedia.com/articles/forex/08/forex-concepts.asp
    ... In every foreign exchange transaction, you are simultaneously buying one currency
    and selling ... that you have sold, but you also have the privilege of earning ...

  • Before Heading To The Voting Booth, Check Out These ETFs

    http://stocks.investopedia.com/stock-analysis/2010/Before-Heading-To-The-Voting-Booth-Check-Out-These-ETFs-BRF-EWA-EWZ-GXG-MXI-PBR-BHP-RTP0804.aspx
    ... Thanks to exchange traded funds (ETFs), investors can get exposure to a host ... with
    Juan Manuel Santos trouncing Antanas Mockus for the privilege of succeeding ...

  • CFA Level 1 Study Guide - Fixed Income Investments - The ...

    http://www.investopedia.com/exam-guide/cfa-level-1/fixed-income-investments/embedded-option-importance.asp
    ... and the Price Level; 4.19 The Equation of Exchange; 4.20 Inflation; 4.21 Phillips
    Curve; 4.22 Fiscal Policy Basics; 4.23 Effects of Fiscal ...

  • Series 6 Study Guide - Investment Companies - Reduced Sales ...

    http://www.investopedia.com/exam-guide/finra-series-6/investment-companies/sales-charges.asp
    ... Exchanges within Fund Families Exchange privileges within a mutual fund family allow
    the ... Not all fund families allow this privilege, and some limit exchanges ...

  • Series 63 Study Guide - The Foundation - The Uniform Securities ...

    http://www.investopedia.com/exam-guide/series-63/foundation/usa-uniform-securities-act-part-5.asp
    ... an interest therein or based on the value thereof; put, call, straddle, option,
    or privilege entered into on a national securities exchange relating to foreign ...

Related Articles

Partner Links