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Strategies & Market Trends : Ultra OTC Fund - UOPIX
UOPIX 126.58-11.0%Dec 19 4:00 PM EST

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To: OldAIMGuy who wrote (629)9/30/2000 12:43:41 PM
From: Todd Reichardt  Read Replies (2) of 2063
 
Hi Tom,

Transferring accounts can be a real pain!!!

Last time I transferred, I didn't. I cashed out and wrote a check from my "old" broker to my "new" broker. It was MUCH smoother than the old transfer and wait routine.

It seems as though you could do the same if you wanted. Selling all of your UOPIX at TWE would have tax implications. But you still have a potential way of doing it that might not. Transfer (via check) your cash reserve (assuming it makes the 15K minimum) make any sells in your TWE account and any buys in your direct account. When you sell in your TWE account, write a check to ProFunds. Eventually all your UOPIX AIM money will be in ProFunds.

Just a thought
Todd
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