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I bought FMAGX for 2500 at 7am on bankofamerica how long will the mutual fund take to clear?


i bought FMAGX for 2500 at 7am on bankofamerica how long will the mutual fund take to clear?

Your funds will be purchased after close of business today... they will be in your account tomorrow...but you will not see your first results 'til about 5 pm . Fund prices change at the end of the day...stocks and ETFs, all day long.

Mutual funds are priced once daily after the stock market closes at 4pm. Therefore, your purchase is made after today's price is established and your shares should be in your account on Monday.

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