If you make a deposit from your bank before 6 pm, the short answer is that it take 2-5 business days before you can see all investment funds in your Advinans ISK.
The purchase orders are registered according to your investment plan the day after the deposit was received in your account. Depending on the investment funds included, it will take up to 4 business days before all investment funds are shown in your account. The number of days is due to different fund companies having different numbers of so-called settlement days. Settlement days exist to enable the fund manager to handle inflows/outflows from the fund in the best possible way.
Below we will explain the relevant concepts and describe in detail the number of settlement days for each investment fund company.
Trade information | Time |
Closing time | 6 pm each business day |
Business day purchase of fund | 2 business days after deposit |
Settlement date | See list of investment funds |
Closing time (cut-off time)
This is the latest time each business day to submit a Direct Debit payment. Normally this is at 6 pm, or 10 am on half days.
If you make a deposit before the closing time, it means that your money will be received by Advinans the next business day. If a deposit is made after the closing time, it means that the money will not reach Advinans until two days later.
Trade date
This is the date when the actual purchase of your investment fund is made. It is at the investment fund’s NAV rate on that specific date that your trade is made. You do not formally own the investment funds until the settlement date when the payment is exchanged for fund units. The payment for the funds is submitted on the trade date.
Settlement date
Is the date when you formally own your purchased fund units. The payment is exchanged for fund units and you received your fund units.
Below we have compiled the settlement days for the investment fund companies we partner with:
Name of investment fund | Settlement date (purchase of fund units) |
BlackRock | Trade date + 3 business days |
Handelsbanken Fonder | Same date as the trade date |
Norron | Trade date + 3 business days |
PIMCO GIS | Same date as the trade date |
PriorNilsson | Same date as the trade date |
| SEB Fonder | Same date as the trade date |
Spiltan Fonder | Same date as the trade date |
SPP Fonder | Same date as the trade date |
TIN Fonder | Same date as the trade date |
Enter Fonder | Same date as the trade date |
Vanguard | Trade date + 3 business days |
Öhman Fonder | Same date as the trade date |