How will I know the transaction price of a mutual fund purchase or sale on any given day?


Individuals who purchase or redeem mutual fund shares receive the next computed share price following the fund's receipt of the transaction order. Mutual fund orders are accumulated during the day and are transmitted to the fund at 15:59 for pricing. Once the fund determines its net asset value as of the close, this price will be posted to your Daily Activity Statement and to the TWS.