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Stupid question but I forget - mutual fund purchase

BruceLeeHead

Sophomore
Jun 5, 2015
1,329
1,642
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If I purchase a mutual fund on my online account right now .. will my order be placed in the morning before market trading starts or will it wait until Monday?

Example - if market goes up 5% tomorrow will my purchase go up 5% tomorrow? Or will the purchase not be made until Monday after the 5% increase?
 
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