QUOTE(kimyee73 @ Nov 9 2015, 09:04 PM)
I know that, so...? Did you reply to wrong person? I was replying to a question whether the credit can be used for different fund house. If the question was for inter-switching between different fund house, of course no. I thought the question was whether credit obtained by intra-switch with fund house A can be used for intra-switch with fund house B - Z. Alright. Nevermind then.
Yes, kimyee73 is right. This is exactly what I was asking.
Say, normally if we inter-switch from fund house A (equity) to fund house B (equity), we will not get the credit and has to pay 2% sales charge for fund house B (equity).
Now, I wonder if we can do the following to be "exempted" from 2% sales charge, though it will take several steps and time:
1) intra-switch Fund house A (equity) to Fund house A (bond) to gain the credit.
2) buy Fund house B (bond) if you don't have any.
3) intra-switch Fund house B (bond) to Fund house B (equity) using credit obtained from Fund house A intra-switch.
4) sell Fund house A (bond) <--- optional
Anyone tried this before?