How does a mutual fund purchase transaction simulation work?

Purchase Simulation Before 13:00 WIB

• You purchased a Mutual Fund unit on October 27, 2023, which falls on a Friday, while the 28th and 29th are exchange holidays.

• Your purchase was successfully completed on October 27, 2023 before 13:00 WIB.

• So the price follows the NAV/NAB on that day which will be updated on the same day in the evening between 21:00 - 24:00 WIB.

• The purchase will be processed on the next trading day, which is Monday, October 30, 2023. Your mutual fund balance will increase after the purchase is successful.

Purchase Simulation After 13:00 WIB

• You purchased mutual fund units on October 27, 2023, which falls on a Friday, while the 28th and 29th are exchange holidays.

• Your purchase was successfully completed on October 27, 2023 after 13:00 WIB.

• Then the price will follow the NAV/NAB on the next trading day, namely Monday, October 30, 2023, which will be updated at night between 21:00 - 24:00 WIB, because the 28th and 29th are exchange holidays (Saturday-Sunday).

• Purchases will be processed within the next 2 business days on Tuesday, October 31, 2023. Purchases made on national holidays or weekends will be processed on the next business day. Your mutual fund balance will increase after a successful purchase.