It has nothing to do with revenue, but everything to do with costs.
Because I bought the fund in the morning, the share is determined based on today’s net worth. So if it goes up today, the cost will increase; if it goes down, the cost will decrease and the share will be relatively larger.
Fund buying time regulations:
1. Buying on trading days: Fund trading hours are Monday to Friday, 9:00 a.m.-11:30 a.m., 1:00 p.m.-3 p.m. No trading is allowed on Saturdays, Sundays and national statutory holidays.
2. Purchases around 3 pm: Transactions completed before 3 pm will be calculated based on the closing net value of the day, regardless of whether they were purchased at a high point or at a low point. Purchases made after 3 o'clock will be calculated based on the net value on T+1. In fact, when buying a fund, you don’t know at what price the transaction will be made. You need to wait for the fund company to announce the net value of the day.
Extended information:
Notes for novices buying funds:
1. Do not blindly follow the trend
1. The investment market itself is With the 80/20 rule, only 20% of people make money. If you want to make money, you must go against human nature and market sentiment. It is said that when others are fearful, I will be greedy, and when others are greedy, I will be fearful. This is the truth. You must establish your own. Investment system; don’t just follow the sector that others bought and made money.
2. Don’t blindly follow the big V and buy funds without thinking, because even if you hold the same fund as the big V, you may not be able to make money, because everyone has different chips and different buying opportunities. The timing of selling is also different. You can refer to and learn the operations of big V, and turning it into your own knowledge system is the right choice.
2. Do not operate frequently
1. Funds are different from stocks. It is a long-term financial product, and there is a professional fund manager behind each fund. Go to trade. Historical data proves that if you buy a fund and hold it for 2-3 years, you can basically outperform the average market return;
2. Frequent operations will generate high handling fees. A handling fee will be charged. If you sell in less than 7 days, a handling fee of 1.5% will be charged. If you continue to buy and sell every month, the fund will pay the handling fee before it makes any money.
3. Buy and sell funds through formal channels
1. Be sure to buy and sell funds through formal channels, such as Alipay, Tiantian Fund APP, bank APP, Ping An Securities, and JD Finance. , on-exchange funds can open brokerage apps; the other thing is to buy public funds and don’t be deceived by others into buying private funds.
2. Don’t trust funds on other software recommended by others. They are usually pig-killing scams. Now there are police loudspeakers everywhere urging citizens to be vigilant. In addition to funds, they include crude oil, gold, and futures. Don’t believe in stocks, just buy and sell on the most reliable platform, and always remember that pie will not fall in the sky.