I am a Private Client. What is the fee if I switch from a bond fund to an equity fund?
A. This would incur the difference in standard sales charges, applied on the equity fund. For example, if the equity fund cost 2% at the standard sales charge and the bond fund cost 1.5%, then the switch fee would be 0.5%. Another example: if the equity fund cost 2% at the standard sales charge and the bond fund 2%, then the switch fee would be 0%.
