Sanity Check

grey_gym_sock

well, you should match the daily unit price with the index value at the the time the fund uses for valuations. a lot of UK funds value at 12:00 (noon), but vanguard uses the market close.

JohnRo

Yeah thanks for that, Vanguard is looking the likely index tracking vehicle. I won't need it nailed down to the last penny it's just a method I'm looking for that allows profit taking without touching the investment itself.

I could just spread bet regardless of investment but that has a habit of not going to plan much of the time, in my experience, at least this way there is some mechanic to the situation and I know the other side is approximately covered without the hefty roll over charges involved in doing both sides on bets.

quick calcs suggest a sell position at £1 per index point will require approx. £6300 worth of the chosen index units invested on the other side.

Need to look into the related costs next which is a far more complex prospect