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How can I switch between funds?
How can I switch between funds?
Lovelyn avatar
Written by Lovelyn
Updated over a week ago

To switch between your investment funds, you need to place a sell trade followed by a buy trade.

You can switch between funds using the following steps:

  1. Log in to your Kernel account

  2. Sell out of the fund(s) you no longer want to invest in

  3. If your confirmation is received before 12pm on a business day, your order will likely begin processing on the same day, unless it is a public holiday.

  4. Two business days after processing has begun, your completed order will reflect on your account.

  5. Once your cash is available, simply make a manual order into your desired fund(s).

An example in practice

  • On Friday at 10 am, Kate decides she wants to switch from NZ 20 Global 100. She confirms her NZ 20 sell order shortly after.

  • On the same day at 12 pm, her order will begin processing and her funds will be available in her wallet on Tuesday afternoon.

  • She logs into her account to re-invest them on Wednesday morning, and the trades are processed at 12 pm on the same day.

Voila, an investment switch.

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