asked 12.4k views
5 votes
Melinda wants to withdraw some money from her mutual fund. She has a minimum asset value of $10,000. Which of the following is not an option available for her to systematically withdraw some money

asked
User IonSpin
by
8.8k points

1 Answer

6 votes

Without the provided options, it's difficult to give a specific answer. However, some potential options for systematically withdrawing money from a mutual fund include setting up a systematic withdrawal plan, setting up a regular distribution, or selecting a withdrawal frequency. It's possible that one of these options may not be available given Melinda's specific mutual fund and account details. Melinda should consult with her mutual fund provider or financial advisor to determine the specific options available to her for systematically withdrawing money from her mutual fund.

answered
User Casperah
by
8.3k points
Welcome to Qamnty — a place to ask, share, and grow together. Join our community and get real answers from real people.