Q: Hi again Peter
Re this money market fund, if i sell it all, can i purchase another one of a different series at the same institution before the 30 days are up? That is if i can find one without a trailing fee for a short ownership period.
Thank you again
Re this money market fund, if i sell it all, can i purchase another one of a different series at the same institution before the 30 days are up? That is if i can find one without a trailing fee for a short ownership period.
Thank you again
5i Research Answer:
With a money market fund always priced at $10, there is typically not a capital loss. We can't speak for the CRA but would not expect any issues if another fund was purchased from a different institution.