T+ 1 means the working day after t day.
T-day refers to the working day when an open-end fund sales organization accepts an investor's application for subscription, conversion, redemption or other business within a specified time. T day is bounded by the closing time of the stock market. Transactions submitted before 15:00 every day are traded according to the net value announced after the close of the day, and transactions submitted after 15:00 are traded according to the net value of the next trading day, for example, transactions submitted before Monday 15:00 are traded according to the net value of T day (Monday) and t+65438+. It is important to note that the last working day before weekends or holidays is after 15:00, and the first working day after holidays is the same working day. For example, a transaction submitted after Friday 15:00 will be regarded as a transaction next Monday, and the T-day is next Monday, with a net value of T-day, and the transaction is confirmed as T+ 1 (next Tuesday).