How does an arbitration take place?

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Arbitration occurs when you modify your investments or your investor profile ; it consists of selling one or more shares of a fund to buy one or more others. The arbitration operation takes place in 4 stages:

1️⃣ Entering the transaction on our platform

You enter the arbitrage order which is automatically sent to our Epsor platform (e.g. €100, i.e. 3 shares from fund A to fund B)

2️⃣ Divestment of source funds

1. The order for disinvestment of the 3 shares is sent to the management company managing fund A

2. The management company disinvests 3 shares of fund A (for an amount of €100, unless the financial markets change in the meantime) and sends us the €100

3️⃣ Reinvestment in target funds

1. After receiving the €100, we immediately send the reinvestment order to the management company managing fund B to invest the €100

2. The new management company invests the €100 in fund B

4️⃣ Validation and restitution of your arbitration transaction

Once the arbitration has been completed, Epsor updates your transactions and your investments in your savings account and sends you a transaction notice with a summary of the transaction.