How to know the Intraday value of funds for rebalancing
Posted: Thu Mar 12, 2020 1:40 pm
During volatile periods how do we calculate the intraday value of stock fund rebalancing?
I own the Fidelity FSKAX fund and if I rebalanced today I'd be pricing it 8% higher than the market price because it only calculates at the EOD. How does that even work with purchases, and would I buy buying at the EOD price if I put the order in intraday?
Thanks for any guidance.
I own the Fidelity FSKAX fund and if I rebalanced today I'd be pricing it 8% higher than the market price because it only calculates at the EOD. How does that even work with purchases, and would I buy buying at the EOD price if I put the order in intraday?
Thanks for any guidance.