What is a transaction?

This is when you either buy units (by completing an application) or sell units (by completing a withdrawal request) in a Trend.

When can I make a transaction?

You can make a transaction on a business day when banks are open for business in Sydney, Australia (which means a day other than a Saturday, Sunday, public or bank holiday).

How will my transactions be priced?

Unit prices for each Trend is calculated on each business day. If we receive your correctly completed application to invest and monies or a correctly completed withdrawal request, then we generally process these each business day using the unit price effective for that day.

If your request is received before 4pm Sydney time it will be processed using the unit price effective for that day. If your request is received after this time, or on a non-business day, it will be processed based on the unit price of the next business day.

Applications to invest will be processed based on the Entry Unit Price for the relevant day. Withdrawal requests will be processed based on the Exit Unit Price for the relevant day.

Want to learn more?

Read about why the Entry Unit Price and Exit Unit Price are different, and what is the buy-sell spread.


For an important notice about the service we provide, click here.

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