In fact, the time rules of fund trading and stock trading are the same, and they are all carried out in accordance with the principle of time priority. The fund fluctuates every day, basically it has a price every day, which is the so-called net value of the fund. Moreover, the trading hours of funds are the same as those of stocks, and they are closed from 9: 30 to 3: 00 every day on weekdays. Of course, there is a temporary closing time at noon, that is, there is no transaction from 1 1: 30 to 1: 00, which is the so-called closing time. You can also buy, sell or make corresponding conversion during this closed period, and you can operate it, but the net capital value of the day will prevail.

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.