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|Subject: Re: Selling mutual funds held in IRA...||Date: 5/26/2009 6:36 PM|
|Author: PKnudsen||Number: 65743 of 80169|
I'm interested in selling some of these shares and purchasing some individual stocks.
Excellent! Many brokers let you buy/sell mutual funds, but they usually limit it to a short list, probably because they need an arrangement with each fund co involved.
So, ask your broker if you can buy/sell Oakmark funds.
If yes, transfer the fund holdings you want to sell.
If no, do a sale and transfer the cash.
The former should be faster, but there's no way to tell for sure.
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