The essence of buying a fund is to manage your finances for you. Broadly speaking, funds are funds used for a specific purpose, such as: trust investment funds, unit trust funds, provident funds, insurance funds, retirement funds, etc. Here, the funds we refer to specifically refer to securities investment funds.

Fund sales channels: The main channels for domestic fund sales are bank outlets, securities companies, and direct sales by fund companies. In addition, an independent third-party professional sales organization. With the issuance of third-party fund sales licenses issued on October 1, 2011, more third-party institutions will participate in fund sales.

Transaction price of fund trading: The trading method of closed-end funds is the same as that of stocks. The transaction is based on the real-time price of the market. The transactions of open-end funds are based on the "unknown price", that is, the net value of the fund unit calculated after the market closes on the day the investor applies.

Time for the redemption funds to arrive: Under normal circumstances, after the redemption application of our currency fund is successful, the redemption funds will arrive in T+2 working days (T is the redemption application date); stocks Redemption funds for type, hybrid, bond and other funds will arrive in your account within T+4 to 7 working days; redemption funds from QDII funds will arrive before T+13 working days. There are differences in the fund clearing time of different sales institutions. The specific fund arrival time must be based on the fund clearing time of each institution (T day is the transaction day). Redemption in-transit time is calculated based on trading days. Generally, non-trading days of exchanges are not included. Non-trading days of overseas funds also include non-trading days of overseas markets. The details are subject to the fund announcement. Fund transaction and confirmation time: Subscription transaction applications close at 15:00. Applications after 15:00 or on non-trading days are deemed to be submitted on the next trading day. For transactions validly applied for on T day, the subscription price is calculated based on the net value of fund shares on T day. Applications for subscription transactions close at 16:00, and applications after 16:00 or on non-trading days will be deemed to be submitted on the next trading day. Fund transaction confirmation times vary depending on the type of fund. Under normal circumstances, for transactions validly applied for on T day, QDII funds will be confirmed in T+2 working days, and inquiries and transactions can be made from T+3 working days. Other types of products (including currency, bond, hybrid, stock, etc.) are confirmed within T+1 working days, and can be inquired and traded starting from T+2 working days.