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To: At_The_Ask who wrote (94774)12/7/2001 10:59:56 AM
From: Tommaso  Read Replies (1) | Respond to of 95453
 
I can get in and out of BEARX at the end of each day (if I get my order in by about 2 p.m., I think), using my broker. There may be a premature redemption fee, but I have not checked. I have not tried to use BEARX for short term trading, though I would be better off if I had. The market just never has fallen enough for me to start getting out of it. I recently added to my holding, however.

Guess I should--let's see--

My broker's site never has recovered completely from September 11. For some funds there's something like a 1% fee if you redeem something like less than 180 days after purchase.

prudentbear.com

You can choose the "telephone option" for redeeming shares of BEARX if you buy them directly from the fund, but you can only redeem them at the closing price of the day you call in, like most other mutual funds. They say there's no charge for redemption. I guess you can also switch to their "safe harbor fund" that way.