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What happens when you switch between funds?

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When you request a switch, you're moving your money from one investment to another.
 
If we get your request before 3pm, and all of our requirements have been met, you get that working day’s unit price. The transaction should reflect on your investment account card in 22seven the working day after that.
 
If we get your request after 3pm, and all of our requirements have been met, you get the next working day's unit price. And the transaction should reflect on your investment account card in 22seven the working day after that. 
 
All switches and other requests are subject to legal requirements, and we reserve the right to suspend, delay, reverse or cancel the transaction.
 
You might also want to know:
  • You may be liable for Capital Gains Tax if you switch from an investment that is not tax free.
  • Switches between investments that are tax free will not affect your tax free contribution limits.

 

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