Effective May 1, 2010, GuideStone Funds implemented modifications to the fund trading policies. The Frequent Trading Policy will be discontinued entirely while a modified Market Timing Policy will remain. Under the modified Market Timing Policy, investors will be expected to remain in a fund for a period of no less than thirty (30) calendar days. While the broader mutual fund industry often requires a longer period (such as ninety (90) days), GuideStone Funds has determined that the thirty (30) day holding period is appropriate for our investors.
When it is determined that an investor has sold/exchanged out of a fund within thirty (30) calendar days of a purchase into that fund, it will be reviewed as a potential “market timing” type transaction. A pattern of such transactions may subject the investor to corrective actions, including (but not limited to) warnings and/or restrictions on your ability as an investor to place future purchase transactions.
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