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T+1 and T+2 settlement: managed funds
T+1 and T+2 settlement: managed funds

Prices for managed fund orders are confirmed a few days after we send the order off to the fund managers.

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Written by Sharesies Help
Updated over a week ago

Smartshares (NZ Core Fund)

Follows a T+1 settlement time. Prices for buy and sell orders are confirmed one trading day after the order is sent.

Pathfinder (Global Water, Global Property, Global Responsibility)

Follows a T+2 settlement time. Prices for buy and sell orders are confirmed two trading days after orders are sent.

Mercer (Ethical Leaders, Global Shares Index)

Ethical Leaders follows a T+1 settlement time. Prices for buy and sell orders are confirmed one trading day after orders are sent.

Global Shares Index follows a T+2 settlement time. Prices for buy and sell orders are confirmed two trading days after orders are sent.

Pie Funds (Australasian Dividend Growth Fund, Global Growth 2 Fund)

These funds can take a little longer to settle. For buy orders, both the Australasian Dividend Growth Fund and Global Growth 2 Fund follow a T+3 settlement time. Prices for orders are confirmed three trading days after the order is sent.

For sell orders, the Global Climate Friendly Fund follows a T+3 settlement time. The Australasian Dividend Fund follows a T+10 settlement time.

TAHITO (Te Tai o Rehua Fund)

Follows a T+2 settlement time. Prices for buy and sell orders are confirmed two trading days after orders are sent.

Milford (Aggressive Fund, Active Growth Fund, Australian Absolute Growth Fund & Trans-Tasman Equity Fund)

Follows a T+2 settlement time. Prices for buy and sell orders are confirmed two trading days after orders are sent.

For more info on this, flick the team an email at help@sharesies.co.nz.

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