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url: /glossary/switch-transaction.md
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## Switch transaction

Fund Switch refers to the operation of transferring all or part of the amounts invested from one investment vehicle to another within the same insurance contract. This allows the policyholder to adjust the allocation of their savings according to market conditions, investment objectives, or risk profile. Fund Switch can be used to seek better returns, reduce risk, or respond to changes in personal circumstances.

Synonyms:

* Fund switch

*Note*: The French term is "arbitrage". Do not translate it as "arbitrage": in English finance, arbitrage means a profit from a price difference between two markets.
