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How does selling unit trusts become more convenient via the Cash Fund?

April 26, 2017cash convenient fund Selling trusts

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How does selling unit trusts become more convenient via the Cash Fund?

1 Answer

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10 Posted

When you sell a unit trust, you may want to park your sales proceeds in the Cash Fund before deciding to invest into another fund at a later time. Choosing the Cash Fund as redemption method is equivalent to placing an Inter-switch order to switch your unit trust into Cash Fund.