When will the share be confirmed when buying the fund on Saturday?
The fund bought on Saturday will not be confirmed until next Monday, because there is no transaction on Saturday and it will not be confirmed until next Monday. According to the net value of next Monday, the income will not be generated until next Tuesday. The fund bought on Saturday is actually equivalent to the fund bought before 3 pm next Monday, which is confirmed according to the net value of next Monday.
The trading hours of funds are the same as those of stocks. No trading on Saturdays, Sundays and national holidays. Trading hours from Monday to Friday are 9: 30am-11:30am and afternoon13: 00pm-15: 00pm, which belong to trading hours. Trading time is better than trading time.
For example, if you buy a fund before 3 pm on Monday, you can confirm it according to the net value of that day, and you will get income on Tuesday. If you buy a fund after 3 pm on Monday, you need to confirm the share according to the net value on Tuesday, and you will get a profit on Wednesday. This is the rule of selling funds.
If you buy a fund on Saturday, even if you buy a money fund, you won't be able to confirm it until Monday and get a profit until Tuesday, so try not to buy or sell funds on weekends. And when you buy a fund, the net value you see is the net value of the previous trading day. What is the net value of the fund you bought? You won't know until the net value of the fund is updated after the close.