No. of Recommendations: 0
awwebb Date: 7/23/99 9:50 AM Number: 12498
"You will incur our $24 transaction fee every time funds from your money transfer initiates a new position in the mutual fund, however,...

Can Anyone Clarify what they mean by "new position"?

I think it means that you buy a mutual fund that you do not already own.

Also can someone tell me how to italicize text on this board?

If you hit the "help" button on the right of the blue bar above this message, you will find the information about using < i >italic < /i > and < b >bold< /b >. There is also a "preformat" command to make tables, but the only place I've ever seen that information is the great FAQ on the Foolish Four board. It works like this
< pre >

123 45% xxz
45 78% qs
add pp% NDF
< /pre >

Without the < pre > tags, that would come out

123 45% xxz
45 78% qs
add pp% NDF
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