Migration / Add new funds

Steve H

Not sure if this is the best place to ask but are some of the daily results getting out of sync or disrupted by the move?

There’s been a couple recently, including todays, that did not fit with what I expected.

Nik Burrows

Hi Steve
Simple answer is unfortunately yes. Tech is currently slightly undervalued with a couple of stock valuations lagging the actual closing prices, it will correct and be fully back on track when the switch is complete.
As a quick heads up there is a planned KLS 10-1 stock split taking place today and that may affect valuations as the changes may not be correctly reflected during the transition. We are working with both custodians to try and resolve it and make sure the reporting is correct, but a custodian switch, a stock split and a weekend are nearly a perfect storm of moving parts!

Steve H

Hi Nik
That makes sense thanks, not unfortunate at all, unfortunate would be if we were only 0.3 up yesterday when I was expecting over 2%

2BToo

We were up yesterday? My dashboard is divesville!

Jason Knowles

I think something is wrong with figures today, im sure Adam will be along soon ,mine went down alot !

Steve H

I was up a small amount yesterday and down a chunk today. Think I’ll stop looking until the migration is completed and it suddenly bounces up again

Jason Knowles

Let's hope it bounces back up.

Steve H

It has been a fairly productive day or two so it should have been 2-3% up rather than about 3-4% down which is where I am I think. It’ll sort out I’m sure

Ducati996R

I was just about log in and have a look …perhaps I’ll wait until next week

2BToo

@Ducati996R said in Migration / Add new funds:

I was just about log in and have a look …perhaps I’ll wait until next week

Probably wise. It's not very pretty!

Adam Kay

KLAC stock split is responsible. Tech is showing -6.56% down on the day when it should be +2.98%. So if you add 9.54% to tech you will be about right. Lifestyle in the same boat but not the same quantum.

Tech YTD is about 36% in reality.

xera

Thanks Adam. Got worried as over 5% down on the day, and 12.5% on the week! As others, will wait for the migration to complete before relying on the figures.

Adam Kay

There was a stake MU price during the week too. It will all reset in the coming days