Respuesta :
Provides investors with the option to swap between mutual funds within the same family of funds.
What is an exchange privilege in a mutual fund?
The ability to swap investments between funds in the same fund family is known as the exchange privilege, which is provided to shareholders of mutual funds. Several marketing tactics can be employed with this privilege.
What are family of funds?
The group of mutual funds that are handled by a specific investment management company is referred to as a family of funds. These might include mutual funds with different asset classes and investing strategies.
What are mutual funds?
A mutual fund is a business that pools money from many different investors and invests it in stocks, bonds, and other types of short-term debt. The whole of a mutual fund's investment is referred to as its portfolio. Shares of mutual funds are bought by investors.
Learn more about mutual funds: https://brainly.com/question/9965923
#SPJ4
