How do I convert funds to lower cost share classes?
Once you are an InvestForLess Member and have opened your investment account, you may sell any funds you like and can repurchase a lower cost share class of the same fund. Keep in mind that this may cause a subsequent taxable event, and we advise you to speak with an advisor or tax professional to discuss this prior to the sale of any investment. For B and C-shares, you will not be able to exchange those without penalty until the surrender period has elapsed on the funds. We never recommend that you sell an investment that still has contingent deferred sales charges pending.
Once you are an InvestForLess Member and have opened your investment account, you may sell any funds you like and can repurchase a lower cost share class of the same fund. Keep in mind that this may cause a subsequent taxable event, and we advise you to speak with an advisor or tax professional to discuss this prior to the sale of any investment. For B and C-shares, you will not be able to exchange or sell these funds without penalty until the surrender period has elapsed on the funds. We never recommend that you sell an investment that still has contingent deferred sales charges.
