This policy is also because the punitive rate charged by the fund 1.5% is finally included in the net value of the fund. In other words, people who are keen on short-term trading within 7 days will eventually contribute to other holders.
Extended data:
The fund is held for 7 days.
According to some fund companies, holding a fund for seven days means that the natural days between buying and selling funds reach seven days, including weekends and various legal holidays.
More specifically, from the confirmation date of fund subscription to the first day of the day before the confirmation date of redemption, the holding days in the middle are the final decision on whether to collect liquidated damages.
For example, suppose A subscribed for a fund before 3 pm on1October 20th, 165438, because today Wednesday is the trading day, T+ 1 confirmed, that is, 1 1.
If A applies to redeem the fund before1October 27th 1 15: 00, the confirmation date of fund redemption is165438+1October 28th, so165438+/kl.