We have been in a bear market since March 2000.
Global shares led by the US are likely at or close to entering a new secular bull market according to Shane Oliver, Head of Investment Strategy & Chief Economist at AMP.
To determine when your order will be transacted you should also take note of the Price frequency. Most funds are priced daily, but if, for example, your fund is priced Monthly your order will not be priced until the next price date.
Price frequency and Dealing basis are shown on the fund summary page for each fund. Some funds may have a different dealing basis for redemptions and subscriptions.
Exceptions to the above include offshore funds, non-SGD denominated funds and funds for accredited investors. In those cases the subscription date is determined by the value date that the offshore counterparty receives funds from dollarDEX or its custodian. This could be several days or even weeks after client money reaches dollarDEX or its custodian.
Important: None of these timings is guaranteed and should not be relied on for any market timing. Variations will occur beyond those described here.
Price frequency: Daily, Dealing basis: T+0. This fund is priced every business day, and will be executed the same day (once payment received and any other conditions satisfied).
Price frequency: Monthly, Dealing basis: T+0. This fund is priced once a month, and will be executed on the next available monthly price (once payment received and any other conditions satisfied). If you just miss this month's price you may need to wait as long as 4 weeks till the next price day.
Price frequency: Daily, Dealing basis: T+1. This fund is priced every business day, and will be executed the next business day (once payment received and any other conditions satisfied).
Page last updated 6 Jan 2011