Switching - Liquidating an existing position and simultaneously reinstating a position in another futures contract of the same type. Symmetric cash matching, an extension of cash flow matching that allows for the short-term borrowing of funds to satisfy a liability prior to the liability due date, resulting in a reduction in the cost of funding liabilities.
1. In mutual funds, the process of transferring your investment from one fund to another.
refers to moving an investment (or part of it) out of one fund and into another. When you switch you sell at the bid price and sell units in the new fund at the offer price.
The transferring of assets from one mutual fund or unit trust to another within a range of funds with differing objectives such as bonds, capital growth, chemicals, overseas capital growth, all managed by the same mutual fund company or unit trust institution. In the USA, switching can normally be conducted with no charge in a no load range of funds. In a range of load funds a charge is usually incurred. In the UK it is usually the case that one switch per year can be made without cost. Thereafter a charge will be made to the investor.
Switching : liquidating an existing position and simultaneously reinstating a position in another futures contract of the same type. symmetric cash matching, an extension of cash flow matching that allows for the short-term borrowing of funds to satisfy a liability prior to the liability due date, resulting in a reduction in the cost of funding liabilities.
1. in mutual funds, the process of transferring your investment from one fund to another.
refers to moving an investment (or part of it) out of one fund and into another. when you switch you sell at the bid price and sell units in the new fund at the offer price.
the transferring of assets from one mutual fund or unit trust to another within a range of funds with differing objectives such as bonds, capital growth, chemicals, overseas capital growth, all managed by the same mutual fund company or unit trust institution. in the usa, switching can normally be conducted with no charge in a no load range of funds. in a range of load funds a charge is usually incurred. in the uk it is usually the case that one switch per year can be made without cost. thereafter a charge will be made to the investor.
Switching