Halifax Life Fund

Jenga12

I have 3 funds within the Halifax Life banner - foundation, balanced and opportunity. On asking where I could find the buy/sell price of the units, I was directed to the Scottish Widows website where there are umpteen funds. The umpteen funds are then sub-divided into Halifax Life 'single price' or 'dual price' funds. The F/B/O ones are under Halifax Life 'dual price'. What does dual price mean? I've asked, but as so often in the past, they said they didn't know.

dunstonh

The F/B/O ones are under Halifax Life 'dual price'. What does dual price mean?

It means there is a difference between the buying price and the selling price. i.e. you may buy at 103p but sell at 100p.  The difference equates to a provider charge.   

You dont tend to see that on modern investments as charges are mostly explicit today and unbundled from the fund. i..e you would buy and sell at 103p and have any charges either invoiced to you (which you either pay directly or via your product if you choose).