Fund Exchange into Two Separate Funds
I am rebalancing my IRA and want to do a fund exchange. The catch is I want to split the profits 50/50 into two other funds. Would I just do two separate fund exchanges. For example, I have 1000 profit in Fund A. Would I create a fund exchange for 500 into fund B and another fund exchange for 500 into Fund C? Or would I just have to put the 1000 from fund A into my cash account and then the next day just buy Fund B/C?