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Leveraged Equity unit price updates

Discussion in 'Managed Funds & Index Funds' started by talbashan, 25th May, 2006.

  1. talbashan

    talbashan Well-Known Member

    Joined:
    21st Sep, 2005
    Posts:
    58
    Hi all,

    Looking at my LE statement online, it is updated twice a day. Once in the morning (typicaly about 4am) and once in the afternoon (typicaly 5pm). Does anyone know which day's unit price these updates represent? ie if the unit price went up/down, in how many days will this be reflected on the LE site?

    Thanks,
    Tal
     
  2. Simon Hampel

    Simon Hampel Co-founder Staff Member

    Joined:
    9th Jun, 2005
    Posts:
    4,619
    Location:
    Sydney, Australia
    I find them to be generally a day or so behind ... but I also find them a bit unreliable with their updates.

    I certainly wouldn't be basing my calculations on the figures you see on the LE online statement ... I would be checking with the individual fund managers themselves - check their online statement system for the exact recent price.

    eg. InvestorServe is always up to date, even if the NavraInvest website isn't !!