Fund Operations
Dealing Cut-Off Time
Definition
What is Dealing Cut-Off Time?
The deadline by which a valid fund instruction must be received for a particular dealing dayA scheduled day on which a fund accepts and prices valid subscriptions or redemptions..
Example in practice
How This Looks in Practice
An order received after noon is processed at the next valuation pointThe specified time at which a fund values its assets and calculates dealing prices..
Keep learning
Related Terms
Fund Operations
Valuation Point
The specified time at which a fund values its assets and calculates dealing prices.
Fund OperationsForward Pricing
A fund-pricing method under which orders receive a price calculated after the instruction is accepted.
Fund OperationsHistoric Pricing
A fund-pricing method using a price calculated before the investor's order is received.
Fixed IncomeBond
A debt security through which an investor lends money to an issuer in return for promised payments.