For investment products, it takes 1-2 working days depending on the order placement time. While an order is being processed, you cannot place another order. The Tellco investment products have a so-called forward pricing. This means that the orders are collected and then traded at closing prices. Tellco accepts all subscriptions/redemptions on the morning of a working day until around 10:00 a.m., with the exception of the Tellco AST real estate fund, which is only traded once a month on the 20th. In the case of exchange-traded investment products, placement on the exchange takes place within a very short time. On the following working day, the order will be processed, which you will see in the web app towards the end of the afternoon.