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What is the cutoff time for mutual funds orders?

cutoff Mutual funds orders time
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What is the cutoff time for mutual funds orders?

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The cutoff time to buy and sell mutual funds is 3:45 PM, or 3:00 PM (ET) if the order is processed manually by a Customer Service Representative. Any order received afterwards is processed the next business day. Note that for certain mutual funds, the cutoff time is earlier and the prices may be established only on a weekly or monthly basis.

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