Buying and selling funds
- What does Discount or Premium to NAV mean on an Investment Trust
- What does Acc and Inc mean after the name of the fund?
- Can you change your mind during a switch?
- Who has the interest in your funds during the switch process?
- How long does it take to switch funds?
- Does it cost you any money to switch funds?
- What sort of records do I need to keep to maintain control?
- How are these instructions passed?
- Who conducts the transactions?
- Who initiates the buying and selling of the funds held in the portfolio?
- Whose name is the investment portfolio held in?
- Who owns this money at this stage?
- Where and who do I send my money to?