Intermediate
Subscriptions, dealing cutoffs and settlement
Submitting an instruction, receiving a valuation and settling cash are separate steps. A dealing timetable explains which price applies and when the transaction is completed.
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Collective Funds Investment Guide
Understand collective investment funds and retirement trusts, compare costs and portfolio risks, and build a practical selection and monitoring process. Follow eight stages from pooled ownership to informed fund research.
Start with What collective funds are and how pooling works, then follow the next lesson links. Explore 32 lessons with worked examples, exercises and further reading. The guide focuses on U.S. collective funds and retirement CITs, with clear notes where account and jurisdiction rules differ.
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Dealing mechanics · All lessons
Units Valuation and Liquidity
Calculate ownership and returns while understanding pricing, dealing and withdrawals.