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Timing of investment sales

Pat38493 · 2023-11-04 07:59:51

If I want to rebalance or sell part of my investments, as far as I understand, I have no control over the exact time of the sale? For example with funds, the price changes once per day, but if I tell my provider (in my case II and Aegon) to sell, I don't know whether they will sell the same day, the next day, or even…

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dunstonh Posts: 119,743 Forumite

4 November 2023 at 9:14PM

Is this a reason in favour of a switch into ETFs or is it really not that important in the grand scheme of things?
ETFs do not have any FSCS protection. And can be more complex than UT/OEIC equivalents. Sometimes cheaper but sometimes more expensive.

I am an Independent Financial Adviser (IFA). The comments I make are just my opinion and are for discussion purposes only. They are not financial advice and you should not treat them as such. If you feel an area discussed may be relevant to you, then please seek advice from an Independent Financial Adviser local to you.

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