How are funds priced?
Answer
Each fund is generally priced daily, based on the value of its underlying assets. The fund manager sets the pricing time (known as the 'valuation point'), with each having a dealing cut-off point. This is displayed on the fund's research page.
If you wish to deal at that day's price, you need to place your order before the cut-off point. If you instruct us to buy a fund after its cut-off point, you'll typically buy at the following day's price.
Read more about how to place a deal and how quickly it'll be processed.