Of course, even after 3 pm, you can still buy and sell funds, but at this time, buying and selling funds is calculated based on the fund promotion of the next working day, not on the net value of the fund on that day. Because the trading rule of this fund is T+ 1, that is to say, it can be traded on Monday, and it can only be received on Tuesday, and the income can only be seen on Wednesday.
The rules of fund trading, in fact, its rise and fall ratio is limited, probably 10%. Trading funds are relatively professional, and managing risks is much lower than buying stocks. Because we all know that these days, professional affairs must be entrusted to professional people, who can balance risks, and the funds in the hands of fund institutions are particularly large, which are tens or even hundreds of billions. Investment is not as good as small retail investors.
Fund transactions will also generate certain expenses, including subscription fees, fund management fees, custody fees, sales service fees, operation fees, redemption rates, etc. When we want to buy a fund, we need to pay the subscription fee, which is about 1.5%, the subscription fee is generally about 1%, and the redemption fee is about 1.5%. Of course, if you buy more, say 5 million, you don't need this subscription fee. When we buy funds, we must know how much they cost, and then find a more cost-effective fund trading platform and choose to buy funds.