Dealing and settlement times

Buying and selling times

For most products we will carry out your buy or sell instructions on the day we receive them, as long as they arrive before the dealing cut-off time of 11am. However, there are some exceptions to this, which can be found by contacting our customer services team. Please see below for details on buying and selling funds in the Fidelity SIPP.

Switching times

Switch transactions will normally be processed within the course of two consecutive days, as long as they arrive before the dealing cut-off time of 11am. Please note you will be out of the market during this time.

Pricing times

Funds are normally priced at 12 noon, however there are some exceptions. For fund specific details, please contact our customer services team.

Fund prices are set on a forward – pricing basis which means the price is determined at the next valuation point and you will not know in advance the exact price you will pay/receive.

Price changes

As the value of the fund can move up or down this affects the price of each unit or share. The price may also take into account trading costs.

Please note that in the event of a fund pricing more frequently than once a day, we will only use the provider’s main valuation point. Deals received after the relevant cut-off point will get the next available price.

Early cut off times

We may apply an early cut-off time on certain public holidays or days on which markets close early such as Christmas Eve and New Year’s Eve, where this is imposed by fund managers or the brokers we use for trading.

Any deals received after a revised cut-off will receive the price achieved at the next available dealing point.

Offshore funds

Offshore funds are not dealt on a UK Bank Holiday. However, online dealing of Fidelity offshore funds, as long as the instruction to deal is in good order, will be priced and placed on a UK Bank Holiday. All other deals will be placed on the next working day. Additional public holidays in a fund’s country of registration may affect your ability to place deals on those days.

Our Fidelity Funds SICAV funds are only closed on Christmas Day & New Year's Day - we price on every other day, including Luxembourg & UK Bank Holidays. All other deals will be placed on the next working day. Additional public holidays in a fund’s country of registration may affect your ability to place deals on those days.

Fidelity SIPP

Buy and sell instructions are usually placed within 24 hours of receipt but may take up to 2 business days. Paper switch instructions received by 5pm on any business day will be dealt by 9.45am the following business day. Online switch instructions received by 9am will be dealt on the same day. Deal placement is dependant on the request being in good order and cleared funds being available. Once a cash deposit has cleared deals will be placed at the next available dealing point.

When will I receive the proceeds of a sale?