What is the penalty or fee for selling Gabelli Healthcare and Wellness RX Trust mutual funds and purchasing an ETF of its equivalence in Fidelity or Vangard?

REDDIT.COMApr 4, 6:22 PM UTC

Key insights

  • The inquiry concerns potential fees associated with selling Gabelli Healthcare and Wellness RX Trust mutual funds and reinvesting in healthcare ETFs (FHLC or VHT) within Fidelity or Vanguard. The impact on the broader US market is slightly negative, reflecting investor concern about underperforming assets and potential shifts in sector allocation, although limited to a specific fund.
What is the penalty or fee for selling Gabelli Healthcare and Wellness RX Trust mutual funds and purchasing an ETF of its equivalence in Fidelity or Vangard?

Hi Everyone,

I have a question about 'cashing out' and buying into another product. So.... My mom has shares in Gabelli Healthcare and Wellness RX Trust and wow... it hasn't been performing well so we are both thinking about selling off all the Gabelli Healthcare and Wellness RX Trust mutual funds and purchasing Fidelity's FHLC ETF or Vanguard VHT (both are equivalent to Gabelli Healthcare and Wellness RX Trust because they've been performing better. Will she have to pay any fees? If so, how much? thanks everyone!

:)

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