5% difference between Bid and Offer prices on Zurich Pension funds

[RichInSpirit]

Still looking into the pensions. Zurich might be a potential provider for me.
Just taking this one example of fund a Zurich Tech 100 fund there's a 5% difference between bid and offer prices. Is this normal in the fund industry. Seems high to me. It's the same for all their funds.

https://www.zurich.ie/funds/fund-products/equity-funds/specialist-equity-funds/indexed-toptech-100/

 

[mula]

No not the same for all funds allocation rates vary depending on fund allocatiosn can vary alot you should be aiming for aleast 100% but more depending on management charges

 

[Steven Barrett]

Bid/ Offer spreads are largely gone. I never noticed Zurich still gave the bid/offer spread on their fund website as it isn't used for their main contracts.

When they commonplace, there used to be allocation rates of 108% for contracts, as the investor would lose 5% of fund value between what the bought and sold the units for.

Steven
http://www.bluewaterfp.ie (www.bluewaterfp.ie)