exchanges between funds

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Mark

Sorry if this is a dumb question but I was wondering how to do an exchange from one fund to another with out having to go in and out of the default money market account.

In a brokerage account I have the default money market account. All proceeds from sales go into this account automatically (this is good). But there are many times when I want to do an exchange from one fund to another in the same fund family. Currently I have to do the following:
1. sell the fund
2. buy the funds money mkt
3. sell the funds money mkt acct
4. buy the new fund

Can you not set it up so each fund has its own default money market account? This would solve all the problems.

Dan

Replies:

• Re: exchanges between funds Mark 23:35:33 03/26/03 (0)