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Funds on Interactive Investor
peter021072
Posts: 477 Forumite
I've purchased 5 funds on this platform, and in their displayed list of my investments, they have a column for 'price' and another 'average price'. What do these refer to exactly?
I thought the bad old days of having bid-offer spreads for funds such as unit trusts were long gone, and these are all OEICS nowadays, which have only one price which is re-priced (usually) every day at a certain time.
I thought the bad old days of having bid-offer spreads for funds such as unit trusts were long gone, and these are all OEICS nowadays, which have only one price which is re-priced (usually) every day at a certain time.
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Price is the current unit value, average price is the cost you paid when you bought.1
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I've just realised that, after doing a few calculations, thanks.
The prices were all about 1% apart being recently purchased, but they have increased by just that fraction!
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