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Fund Valuation Times
Tom Bards
Posted: 09 April 2018 17:30:58(UTC)
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Have perhaps a pretty simple question however I can't find any clear cut answers anywhere.

Basically, after looking at the stock prices for today and holdings held inside LT Global, it seemed pretty certain that the fund would move upwards today. However, it has done the opposite. How can this be?

I have a HL wish list set up with all the individual shares that LT Global holds so I can quickly glance at the days prices and make a judgement on whether the fund will move up or down. With the majority of the shares it owns moving up today I assumed it would move up so it got me wondering about the valuation times and whether there is any time lag on the valuations, given the different closing times of exchanges.


Obviously it is not that important after all a day is just a day, I just wondered if anyone could give me some insight.
Aminatidi
Posted: 09 April 2018 17:35:33(UTC)
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I believe it's midday.

I'd also be interested to know how this works as presumably Japan are ahead at midday, US won't have opened etc.
Apostate
Posted: 09 April 2018 17:59:47(UTC)
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Wall Street dived on Friday so presumably Japan, UK and Europe didn't rise enough to prevent an overall loss since Friday's valuation. I think that's right...
King Lodos
Posted: 09 April 2018 18:01:46(UTC)
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Yep, think of most fund valuations as a day behind .. Today's actually been a good one for LT's top holdings
Tom Bards
Posted: 09 April 2018 18:09:38(UTC)
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Ok, makes sense. Should be an increase tomorrow then.
Aminatidi
Posted: 10 April 2018 16:09:10(UTC)
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Tom Bards;60401 wrote:
Ok, makes sense. Should be an increase tomorrow then.


It's gone down.
Tom Bards
Posted: 10 April 2018 16:30:48(UTC)
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Aminatidi;60438 wrote:
Tom Bards;60401 wrote:
Ok, makes sense. Should be an increase tomorrow then.


It's gone down.




Surprising seeing as basically all their holdings except Unilever went up yesterday.
geoffrey Walton
Posted: 10 April 2018 17:02:23(UTC)
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It surprised me as well, as Fundsmith Smith and Woodford both went up?

Perhaps it is Unilever?

Still, they might double tomorrow!!!
Apostate
Posted: 10 April 2018 17:38:04(UTC)
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Strengthening pound especially against the yen?
Money Spider
Posted: 10 April 2018 17:53:38(UTC)
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Not all funds have their new valuation at midday. I doesn't even seem to depend upon where they are domiciled.

You mention that you are a client of HL (Hargreaves Lansdown). If you click on the first tab of each fund's info pages and scroll down to 'other information' you will see a time given for the 'Valuation Point'. It is also given on the 'Key Features' tab.
A few random examples:

Marlborough Multi-Cap (GB): 12:00
Royal London Extra Yield Sterling (IE): 17:00
Vanguard Emerging Markets (IE): 21:00

HTH
2 users thanked Money Spider for this post.
Mike L on 11/04/2018(UTC), Vince. on 11/04/2018(UTC)
Tom Bards
Posted: 11 April 2018 16:35:06(UTC)
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geoffrey Walton;60441 wrote:
It surprised me as well, as Fundsmith Smith and Woodford both went up?

Perhaps it is Unilever?

Still, they might double tomorrow!!!




And down again today, not quite sure how but there we go
Apostate
Posted: 11 April 2018 18:38:21(UTC)
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Tom Bards;60482 wrote:
geoffrey Walton;60441 wrote:
It surprised me as well, as Fundsmith Smith and Woodford both went up?

Perhaps it is Unilever?

Still, they might double tomorrow!!!




And down again today, not quite sure how but there we go


losses on large Japanese holdings
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