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Re: Exchange

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Posted by Mark on November 17, 2001 at 16:13:41:

In Reply to: Exchange posted by William H. Courtney on November 17, 2001 at 12:50:25:

: Hi Mark,

: Paine Webber gave me a problem I can't figure out. They exchanged some of my mutual funds shares from class B into class A because the time has ran out for the redemption charge. Now I have both types. Any suggestions on a fix.

: Thanks.

: Bill Courtney

Hi Bill,
If the price is different, then you could sell your class B shares,
and purchase class A shares in a different investment. If the price is
the same, and you don't care about tracking them separately, you could keep
them in the existing investment.

Mark Beiley

Fund Manager, portfolio management software for Windows 95/98/ME/NT/00/XP

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