What is a Buy/Sell spread?
What is the difference between the various unit prices?
How much is the buy/ sell spread?
What is a Buy/sell spread?
Typically, when you buy or sell assets on the stock market, there is a buy/sell spread. This is valid as well for your investment with Unhedged. When you put money in, take money out or change your allocation with Unhedged, you find a similar buy/sell spread. When someone moves money in or out, the algorithms change the positions. Every movement of funds will incur costs. The buy/sell spread ensures that transaction costs are allocated to the investors who are making transactions, not to investors who are not. It is not a fee paid to Unhedged.
Different Unit Prices
When you receive a confirmation of a transaction, we will notify you of the different prices.
Buy unit price:
when you add funds to Unhedged
when you increase your investment in a specific algorithm
Sell unit price:
when you withdraw money from Unhedged
when you decrease your investment in a specific algorithm
a price in between the buy & sell price that is used to calculate the value of your current investment
The Buy/Sell spread is charged according to the description in the Investment Options List (IOL) and Section 5 in the Additional Information Document (AID). For all three algorithm investment options the estimated buy/sell amounts are: Buy spread +0.25% / Sell spread -0.50%. For USD Cash: Buy spread 0% / Sell spread 0.1% These are estimates only and are subject to change without notice.
Information contained here is prepared by Unhedged Pty Ltd ACN 646 421 730 (AR 001288751) an authorised representative of Cache Investment Management Pty Ltd ACN 624 306 430 AFSL 514 360. Units in the Unhedged Fund are issued by Melbourne Securities Corporation Limited (ACN 160 326 545 AFSL 428 289). All information is general information only and doesn’t take into consideration your personal circumstances, financial situation or needs. Before making a financial decision you should understand the risks and read the relevant PDS and TMD and consider whether the product is right for you and seek advice if necessary. Any information contained here may have been automatically generated by an algorithm based on raw data inputs and has not been independently verified and is subject to change. Past performance is not indicative of future performance. Unhedged Fund APIR Code: UPL9838AU International Securities Identification Number (ISIN): AU60UPL98384. Copyright (C) 2022 Unhedged. All rights reserved.
Updated on: 09 / 05 / 2022