what is the procedure for switching from one family of mutual funds to another? is there a right and wrong way of doing it? I am in a mutual fund that, after comparing it with another family index fund, is doing very poorly and I would like to transfer all the proceeds from the old one to the new one. Do I just cash it out and then open a new account, or , can it be done by wire transfer from one company to the other? will I still have to pay taxes on the transaction or not? I'm trying to do it the best, easiest and cheapest way possible. Help, I'm foolishly not sure what to do.
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