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# When are the portfolio values in the app updated?


### Why isn't the value of my portfolio updated in real time?
The value of your portfolio is updated **once a day, with a delay of two business days**. You can see these values in the graph on the ‘Portfolio’ tab.

### Why is there a delay?
Your portfolio uses index funds, not ETFs. ETFs trade continuously throughout the day. **Index funds** only process purchases and sales once a day, and their value (called the net asset value) is set once a day.

### Why do we use index funds instead of ETFs?
Your portfolio uses index funds, not ETFs, because they are better suited for long-term investing. Index funds are also exempt from stock exchange tax (TOB).

### Why is this advantageous for long-term investors?
Index funds naturally discourage frequent trading and market timing, which can hurt your long-term returns. By processing trades once a day, they help you stick to your investment plan rather than reacting to short-term market movements.

Since you are investing for the long term (in terms of decades, not days), daily price fluctuations matter much less than consistent, patient investing over time.

### When do updates take place?
We update our systems every evening and overnight, as soon as we receive the latest fund values.

### Here's how it works:
Let's say it's Thursday, 8 February 2024. The most recent value we have is from Tuesday, 6 February. Your portfolio chart will show:

* 5 February: actual value as of 5 February
* 6 February: actual value on 6 February
* 7 February: displays the value from Tuesday (6 February)
* 8 February: displays the value from Tuesday (6 February)

**Important note:** Fund values are only updated when the stock markets are open. This means that no new values are created on weekends and public holidays.