Series 6 - Investment Company And Variable Contracts Products Representative Exam
Preview Mode
All of the following should not trigger a wash sale EXCEPT:
Selling an index fund and buying an actively managed fund
A
Selling an index fund and buying an index fund tracking a different stock index
B
Selling an index fund from one fund company and buying another index fund tracking the same stock index from another fund company
C
Selling an actively managed fund and buying an index fund
D
Explanations
Selling an index fund from one fund company and using the proceeds to buy another index fund tracking the same index from another fund company will trigger a wash sale.