What are non-dealing days?
There are a number of dates throughout the year on which Artemis funds are closed for dealing. This page explains the reasons why and where to find further information.
Days on which funds are closed for dealing are principally bank, public and local holidays in the countries and markets where funds invest.
On ‘non-dealing’ days, stockmarkets are closed, for example Christmas Day in the UK and US, so funds are unable to make investment transactions in those markets. In turn, the Artemis funds affected are therefore closed for dealing.
On these days, no price per share/unit (net asset value) will be issued and no dealing instructions are able to be actioned (by way of subscriptions, redemptions, switches or conversions).
As a result, for any dealing instructions affected by a non-dealing day (and therefore a non-valuation day), the settlement period may be extended when a non-dealing day falls between the trade date and the settlement date. Any dealing instruction submitted on a non-dealing day will be carried forward to the next dealing day.
Non-dealing days are applicable to all shares of affected funds.
Most stock exchange and market closures can be anticipated, enabling Artemis to provide a list of dates affected over a full calendar year.
Further information
You can find further information and a list of non-dealing days on the non-dealing days page.
This information is intended to provide you with help and guidance about investing generally and about investing with Artemis. It is not a marketing communication and should not be used to make investment decisions. You should always refer to the relevant fund prospectus and KIID/KID before making any final investment decisions.
Artemis does not provide investment advice on the advantages or suitability of its products and no information provided should be viewed in this way. Should you be unsure about the suitability of an investment, you should consult a suitably qualified professional adviser.