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a) b) Ic) d) Gilbert holds the DCO Canadian Growth Segregated Fund. After flat fund performance in the first 3 months of the year,

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a) b) Ic) d) Gilbert holds the DCO Canadian Growth Segregated Fund. After flat fund performance in the first 3 months of the year, he decides to switch to the DCO U.S. Growth Segregated Fund. Which of the following statements about Gilbert's switch is correct? A switch fee willot be charged if the funds are different load types. A frequent switching charge will not be applied if Gilbert switches funds often. Gilbert may switch from one fund to another tax-free within the same contract. Gilbert may incur a tax liability when he switches from one fund to another.

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