Automated orders for investment funds with e.g. H-L or iii?

THENOX

Hello,

Got the question previously ignored but really need to know that:

There are companies out there which combine brokerage and fund supermarket services (e.g. iii, h-l, so you can buy both shares and investment funds on one platform. Does it mean that you can set similar automated orders for funds (stop loss, lock gain, etc) with funds as with shares even

although

funds are forward priced? At the end of the day it's the same platform but on the other hand different products...

Can anyone clarify on this one?

Thanx in advance,

THE NOX

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Buy to the sound of cannons; sell to the sound of trumpets.
N.M Rothschild at the time of the Napoleonic Wars

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Aegis

I've never seen any limit orders available with unit trusts or OEICs. To be perfectly honest, I'd be amazed if such a thing existed because they're not designed to be short term investments that would ever require a limit order.

On the other hand, I'd be amazed if you couldn't do this with investment trusts, as they're basically shares traded in real time on an appropriate exchange.

RayWolfe

With unit trusts? No!

THENOX

Hmm: think that this post has the potential to turn into nice Academic discussion but all I wanted is words of some veterans saying sth like this: been with HL, III or whatever for so long that I can't even remember for how long and never heard of such thing like automated orders for any collective investments... -anyone?

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You should invest in a business that even a fool can run, because someday a fool will.
Warren Buffett

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Aegis

Ok, I'm investing in unit trusts and OEICs solely with H-L, and I have never seen a limit order available for either of these product types.

RayWolfe

Ditto! .........

dunstonh

Some IFA software has stop losses/gains available as an option on unit trusts which can be used in giving ongoing servicing advice. I havent seen it at provider level though.