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checkwriting privilege

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checkwriting privilege
The privilege of writing checks against shares held in a mutual fund. This option, which provides greater liquidity for the investor, is generally offered free of charge. The dollar amount of each check is usually subject to a minimum valueoften $250 or $500depending on the policy of the fund.


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Free checkwriting privileges offered with nonretirement accounts for select mutual funds.
Free checkwriting privileges offered with nonretirement accounts for select mutual funds.
Free checkwriting privileges offered with nonretirement accounts for select mutual funds.
 
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