请教

thomast · 发表于 2009-4-17 03:35 PM

请教，if I sell a mutual fund in my CDN RRSP account, after how long can I buy it back? Funds are no-load and front-load, all out today.

Thanks

JL01 · 发表于 2009-4-17 03:39 PM

Cash account (not margin account) normally needs 3-4 days for clearing. You can ask your broker for exact days for showing the available funds for new buys.
Is your CDN RRSP account a margin account?

thomast · 发表于 2009-4-17 03:43 PM

2# JL01

It's cash account.
What I meant is, after how long can I buy back a same front-load mutual fund?
I have available cash in the account.

JL01 · 发表于 2009-4-17 03:55 PM

In US 401k account, the company-specified brokers mostly have the limitation for re-buying the funds (after one month?). But we can trade the funds anytime when there is available cash in any IRA broker account.
Not sure how CDN RRSP account works (http://www.investopedia.com/university/rrsp/rrsp1.asp). You can contact your broker of your CDN RRSP account for correct answer.

thomast · 发表于 2009-4-17 04:04 PM

4# JL01
Yeah. I guess I need to.
Just want to confirm first if this is a fund type issue, or an RRSP account limit issue.

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