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 FonderSame 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