Mutual Fund Trading Hours

Orders must be received no later than 3:59:59 p.m. Eastern Time with the exception of trades placed in the ProFunds, CGM, Sequoia, Leuthold, and Direxion families of funds, which have a 3 p.m. ET cutoff. All orders received after the cutoff time will be executed at the following business day's net asset value (NAV). On holidays when the market closes early, Scottrade will halt ProFunds, CGM, Sequoia, Leuthold and Direxion transactions one hour earlier. For example, if the market were to close at 1 p.m. ET, Scottrade would halt ProFunds and Direxionfunds transactions at noon ET.

Note: Executions are calculated from the NAV. If you are buying a front-end load fund, a sales charge may be added to the NAV at the time of purchase. Front-end load fund purchases result in the trade being executed at the public offering price (POP), which is NAV plus the applicable sales charge. Redemptions of back-end load funds may have a Contingent Deferred Sales Charge (CDSC), which may be deducted from the proceeds. In addition to sales charges, mutual funds may assess their own short-term redemption fee to discourage excessive trading. Please read the prospectus carefully before investing.

Investors should consider the investment objectives, risks, charges, and expenses of mutual fund carefully before investing. A prospectus contains this and other information about the fund and is available through or through a Scottrade branch office. The prospectus should be read carefully before investing.

The information and content provided in the Scottrade® Knowledge Center is for informational and/or educational purposes only. The information presented or discussed is not, and should not be considered, a recommendation or an offer of, or solicitation of an offer by, Scottrade or its affiliates to buy, sell or hold any security or other financial product or an endorsement or affirmation of any specific investment strategy. You are fully responsible for your investment decisions. Your choice to engage in a particular investment or investment strategy should be based solely on your own research and evaluation of the risks involved, your financial circumstances and your investment objectives. Scottrade, Inc. and its affiliates are not offering or providing, and will not offer or provide, any advice, opinion or recommendation of the suitability, value or profitability of any particular investment or investment strategy.