No. of Recommendations: 0
In a cash account, most mutual fund companies will cash out any portion of your mutual fund investment at any time. Some funds do charge back end loads that become payable at that time. I am not aware of any fund that charges fees for selling.

Some do have fees for short term transactions. Some do have limits on the number or size of transactions.

And by the way, many funds offer check writing priviledges. That way, you simply write a check when you need funds. The appropriate number of shares in a designated account are sold when the check clears. This keeps your money earning while the check is in transit.

For large sums (like for a mortgage downpayment), wire transfer to your bank is usually worth the effort. The money moves quickly. You can write a check against it sooner. And you don't worry about the check getting lost in the mail.
Print the post  


The Retirement Investing Board
This is the board for all discussions related to Investing for and during retirement. To keep the board relevant and Foolish to everyone, please avoid making any posts pertaining to political partisanship. Fool on and Retire on!
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.