How long does it take to process a switch?
The time required to switch funds in your account depends on the funds involved. It normally takes between 5 and a maximum of 10 days.
At what price is a switch executed?
Fund units are sold at the price prevailing on the day after the switch is requested.
How long does it take to process a redemption?
The time required for the redemption to be processed depends on the funds involved. You should expect to have the funds credited to your bank account in 10 days.
❗Please note that both partial and total redemptions are considered trigger events and require CDD documents & evidence to be up-to-date.
At what price is a redemption executed?
Fund units are sold at the price prevailing on the day after the redemption is requested.
What currency will be used for a redemption?
Redemptions are processed in the same currency as your account. For example, if your account is denominated in USD, your redemption will be paid via a USD transfer to your designated bank account.
If you're unsure of your account’s currency, you can check it anytime in your client portal or contact your financial adviser.