Ch.9 · Systematic Transactions — SIP, SWP, STP · easy

What does SWP stand for in the context of mutual fund investor services?

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EXPLANATION

SWP stands for Systematic Withdrawal Plan. It allows investors to withdraw a fixed amount from their mutual fund investment at regular intervals (monthly, quarterly, etc.).

A.Systematic Withdrawal Plan [✓ Correct]

B.Systematic Wealth Plan

C.Scheduled Withdrawal Process

D.Systematic Wealth Preservation

EXPLANATION

SWP stands for Systematic Withdrawal Plan. It allows investors to withdraw a fixed amount from their mutual fund investment at regular intervals (monthly, quarterly, etc.).

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