Subscription and redemption orders for fund units are executed once a week on Tuesday (“fixing”), with the value date the following Thursday (“settlement” date).<\/p>\n
Pending this fixing, orders are therefore “awaiting execution<\/em>“.<\/p>\n Concerning purchase orders (“subscriptions”) :<\/u><\/strong><\/p>\n Younited matches demand (borrowers) with supply (investors). If we don’t have enough demand on the Borrower side, we don’t execute all the subscription orders for fund units, which therefore remain “waiting to be subscribed”. We use a “first come, first served” basis (as with any stock market order book) to “select” which investors will have their subscription orders executed, and thus their money invested. In addition, orders for reinvestment of the fund’s liquid assets are given priority over those of investors.<\/p>\n Concerning resale (“repurchase”) orders<\/u><\/strong>:<\/strong><\/p>\n Once the 30-day notification period has elapsed, resale orders are processed as soon as possible, depending on the liquidity available in the fund. On average, it takes 1 to 2 months to process a resale order. Investors are served on a pro rata basis until their orders are fully executed.<\/p>\n Once your order has been executed, you’ll receive a confirmation e-mail and can track your portfolio in real time via your Customer Area.<\/p>\n","protected":false},"template":"","category_faq":[],"target":[355],"class_list":["post-601","support","type-support","status-publish","hentry","target-investors"],"acf":[],"yoast_head":"