If one owns ETFs, it's fairly easy to rebalance a portfolio with minimal day to day risk, as one can immediately purchase new shares after selling old shares. However, with mutual funds, one can only buy at the calculated NAV at the end of each day, which naively means to me, that one has to miss one day of trading in between buying and selling, which adds risk (or at least volatility) due to missing out on a day's movement.
I'm wondering if there are any brokerages (at least perhaps with their own mutual funds, ala fidelity/vanguard),that let you sell one mutual fund and use those proceeds to invest in a different mutual fund as essentially a single operation without having to wait a day between them.
Submitted January 20, 2023 at 03:06AM by nhlfanatical https://ift.tt/pUvAhyg
