Help me understand the timing of fund sales

dont_use_vistaprint

Using interactive investor, I put in a sale request of VLS 80 at 2:44 pm on the 16th - last Friday. I know I had missed the cut-off for the Friday evening NAV, but I totally expected to get the Monday evening NAV.

The sale just completed today and it has used Tuesday evening NAV although showing the date and time of the sale as the 19th of January 09:15am but the price traded is £355.68 which is today's price/last night's NAV. Not a huge amount , but feels like I've been short changed about £500

I'm so confused by this

20 Jan 2026	£355.6802
19 Jan 2026	£360.4420
16 Jan 2026	£361.3426
15 Jan 2026	£361.3732

ColdIron

VLS has an unusually late valuation point, 21:00. The 19th was MLK day which may have had an affect

dont_use_vistaprint

ColdIron said:

VLS has an unusually late valuation point, 21:00. The 19th was MLK day which may have had an affect

Yeah, but they still published an updated NAV  on Monday of £360.442 which should have applied to my trade still

SnowMan

You won't have been able to trade that on 19th January as it's a fund holiday. Same thing happened to me in the past for a different fund and it took me a long time to work out the reason for the delay in trading.

https://fund-docs.vanguard.com/Vanguard-LifeStrategy-Funds-ICVC.pdf

dont_use_vistaprint

SnowMan said:

You won't have been able to trade that on 19th January as it's a fund holiday. Same thing happened to me in the past for a different fund and it took me a long time to work it out the reason for the delay in trading.

https://fund-docs.vanguard.com/Vanguard-LifeStrategy-Funds-ICVC.pdf

Thank you for this. I understand my error now & will learn from this, I guess it's just a little bit misleading with the information given to me on the screen in ii regarding the request date, transaction date &  settlement dates, and Vanguard published and updated NAV on the 19th, but it was not available 

leosayer

Looks like the same happened on VAFTGAG - I placed some trades on Saturday and got Tuesday's price. 

It's times like these that I wonder whether holding an ETF would be better although there's no exact ETF equivalent of that fund.

dont_use_vistaprint

leosayer said:

Looks like the same happened on VAFTGAG - I placed some trades on Saturday and got Tuesday's price. 

It's times like these that I wonder whether holding an ETF would be better although there's no exact ETF equivalent of that fund.

Yes I'm thinking the same & especially now trades are only £1.49 in ii the ETF route seems better for frequent buy and sell so much can happen in 2-3 days 

phlebas192

dont_use_vistaprint said:

leosayer said:

Looks like the same happened on VAFTGAG - I placed some trades on Saturday and got Tuesday's price. 

It's times like these that I wonder whether holding an ETF would be better although there's no exact ETF equivalent of that fund.

Yes I'm thinking the same & especially now trades are only £1.49 in ii the ETF route seems better for frequent buy and sell so much can happen in 2-3 days 

Not sure whether this is the case with ii and I can't see anything explicit in their new plans but fees for trading ETFs are usually the same as for shares so would be £3.99 with "funds" referring to OEICs. Something to check before finalising your decision if it would make a material difference.

Albermarle

dont_use_vistaprint said:

leosayer said:

Looks like the same happened on VAFTGAG - I placed some trades on Saturday and got Tuesday's price. 

It's times like these that I wonder whether holding an ETF would be better although there's no exact ETF equivalent of that fund.

Yes I'm thinking the same & especially now trades are only £1.49 in ii the ETF route seems better for frequent buy and sell so much can happen in 2-3 days 

However you can not buy multi asset ETFs, although they might be appearing in the US I think. 

masonic

Albermarle said:

dont_use_vistaprint said:

leosayer said:

Looks like the same happened on VAFTGAG - I placed some trades on Saturday and got Tuesday's price. 

It's times like these that I wonder whether holding an ETF would be better although there's no exact ETF equivalent of that fund.

Yes I'm thinking the same & especially now trades are only £1.49 in ii the ETF route seems better for frequent buy and sell so much can happen in 2-3 days 

However you can not buy multi asset ETFs, although they might be appearing in the US I think. 

They exist in some European markets too. Trading212 offer VLS ETFs. I don't think US ETFs can normally be purchased due to a lack of cost disclosure document aligned to our regulatory requirements.

Bostonerimus1

If you are worrying about the timing of trades you are doing fund investing all wrong.