Learn

Ready to place a mutual fund trade and build your portfolio? We'll take you through the process, step by step.
CIBC Investor's Edge 2 minute read

Placing a mutual fund trade

Step 1

Tips

  • You can also place a trade directly from "Account Holdings" through the ellipses menu, or from "My Watch Lists" in “Quotes and Research” .
  • Take advantage of the wide range of resources available to help you select the mutual funds that meet your investment objectives. Visit the "Fund Centre" in "Quotes and Research."
“”

Step 2

Tips

  • Select “Mutual fund symbol search” to find your symbol for “Buy” or “Switch to” trades.
  • If you select "Get quote," the quote will populate on the page for buy and sell orders.
“”

Step 3

“”

Step 4

“”

Step 5

“”

Step 6

Tips

  • This step only applies to “Buy” and “Buy more of holdings” orders.
  • The final cost of the trade will be determined once the mutual fund is priced at the end of the trading day if you are trading by number of units.
  • Planning on making multiple trades? Save your trading password for the current session.
  • Select "Regular Investment Plan" from the “Trading” menu to make investing easy.
“”

Confirm the status of your order

Tips

  • Select “Trade fill alerts” to subscribe for and receive email notifications once your trade order is filled.
  • Your orders will show as pending. Once reviewed by Investor’s Edge, the status will change to acknowledged, and once the order has been filled, it will show as contracted.
  • The standard settlement period for most mutual fund trades is the transaction date plus 2 business days (T+2). The settlement period for money market and equivalent mutual fund trades is the transaction date plus one business day (T+1).
“”
“”

More helpful resources