I have a TFSA mutual fund account with TD Canada Trust and am looking to do some re-balancing of funds within this account. I am aware that I can use the "Switch funds" feature to accomplish this.
However, I was wondering if using the switch option will have an impact on my contribution room for the year?
Example: if I switch $1,000 from the Canadian Index-e to European Index-e fund, will that mean that I have used/lost $1,000 of my contribution room? Or, since the funds are staying within the same TFSA, the contribution room stays unaffected?