What are their differences from alternative products?
- Value appreciation /depreciation that occur in the fund portfolio is reflected in the value of the portfolio on a daily basis. The concept of maturity does not apply. Thus, within the forward pricing rule, the investor can cash in his/her entire investment or as much as he/she needs along with the accrued income.
- Differs from t-bills, government bonds and deposit products as the rates of return for mutual funds are not determined beforehand.
You may place your buy orders between the hours of 09:00 and 18:00 on the announced demand collection days, and until 12:00 on the last day.
While orders for only 1 or 2 sessions can be placed in the buy/sell step, you can place orders for a minimum of 3 sessions in the morning session, and a minimum of 2 sessions in the afternoon session, with a maximum of up to 40 sessions.