Hi. The buy/sell spread of Navra Retail has been .0034 for a while. Today it is .0036 The web page says it is .0030 Does anyone know which is right as I'm confused.
Yup, it's still 0.3% ... it's a percentage, and the actual amount if affects the unit price increases as the unit price increases. For example (as of 23rd March): Application price: 1.1835 Redemption price: 1.1799 Unit price: 1.1817 Difference between unit price and application/redemption prices: 0.0018 (or 0.0036 spread) = approx 0.15% (or 0.3% spread).