Oa Ob) Gilbert holds the DCO Canadian Growth Segregated Fund. After flat fund performance in the first 3 months of the y
Posted: Mon May 02, 2022 8:58 am
Oa Ob) Gilbert holds the DCO Canadian Growth Segregated Fund. After flat fund performance in the first 3 months of the year he decides to switch to the DCO U.S. Growth Segregated Fund. Which of the following statements about Gilbert's switch is correct? A switch fee willloot be charged if the funds are different load types. A frequent switching charge will not be applied if Gilbert switches funds often Gilbert may switch from one fund to another tax-free within the same contract Gilbert may incur a tax liability when he switches from one fund to another. Od)