Quilter pre-funds all switch transactions; we don’t always need to wait for the sale trades to settle before placing the ‘buy’ trades.
The cut-off time for submitting switch instructions is 10:30am, and the dealing point for the majority of funds is midday.
The timing of the sale and purchase will depend on the type of switch instruction you have given. The diagrams below show timelines for two typical switch instructions.
A minority of funds have different cut-off and/or dealing points. These affect the length of time the switch will take to complete. There is a list of these on our website, quilter.com/investments/platform-funds/fund-research-and-information/dealing-points/
