Generally, the calculation of T-day must meet two conditions at the same time:
Trading days other than weekends and legal holidays; Take the closing time of the stock market as the boundary, that is, before the trading day 15:00.
T+N day refers to the nth trading day after T, such as: fund share day: it is the time to confirm the share, and the confirmation is generally T+2 day, which is the second trading day after T; Net value announcement date: the domestic net value announcement date can generally be inquired on the evening of T day, while the net value announcement date of some QDII funds may be T+2 day.
Fund redemption date: it is the time when the funds arrive after the fund is sold, and it usually takes T+2 or T+3 days to arrive. That is to say, if it is redeemed on Friday, it will arrive on T+2 next Tuesday, so the time will be postponed when T meets a legal holiday.
T-day refers to the trading day, weekends and holidays do not belong to T-day (trading day), and T-day is bounded by the closing time of the stock market. Transactions submitted before 15: 00 every day shall be traded according to the net value announced after the close of the day (the net value announcement time of the day is generally around 18: 00), and transactions submitted after 15: 00 shall be traded according to the net value of the next trading 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).
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 shall be traded according to the net value announced after the close of the day (the net value announcement time is usually around 18: 00 on the same day), and transactions submitted after 15: 00 shall be traded according to the net value of the next trading day. For example, transactions submitted after Friday 15: 00 will be regarded as the next trading day.
T-day refers to the date when the sales organization accepts the investor's application for subscription, redemption or other business. This date is a working day, which is the normal trading day of Shanghai Stock Exchange and Shenzhen Stock Exchange. T+n days refers to the nth working day after t (excluding t).