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The abbreviation "MIF-SWP MSPDIV" on a bank statement typically refers to a Mutual Fund Switch (MIF) transaction involving a Mutual Fund Share Purchase (MSP) with Dividends (DIV). This indicates that you have switched funds within a mutual fund account and purchased additional shares that paid dividends. It is recommended to review your investment portfolio and consult with your financial advisor for a detailed analysis of this transaction.

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ProfBot

∙ 1y ago
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