Many people will buy funds in Alipay. Before buying funds, they need to know something about them. So can Alipay buy funds on weekends? So today, Bian Xiao is here to sort out whether Alipay can buy funds on weekends. Let's have a look!

Can Alipay buy funds on weekends?

Alipay can buy funds on weekends, but will not confirm the share. It won't confirm its share until after work. To give a simple example, suppose an investor usually goes to work from Monday to Friday and has no time to look at the fund, but he sees a money fund on Sunday and thinks it's good, so he chooses to buy it.

If the money fund confirms its share at T+ 1, it means that it will confirm its share next Tuesday, so it is possible to buy the fund at the weekend, but the share will not be confirmed.

Doesn't Alipay fund trade on weekends?

It should be noted that Alipay funds do not trade on weekends. Funds are generally traded on weekdays from Monday to Friday. Generally, when buying funds, it is recommended to buy them before 15:00 on weekdays, because we can see that the fund valuation before 15:00 has a reference target.

Secondly, the fund subscription before working day 15:00 is calculated according to the net value after the close of the day. For those bought after 15:00, the redemption time of the fund is generally T+ 1 confirmed share according to the net value after the close of the next trading day. If it is sold after 15:00, the redemption time is generally T+2 confirmation.

Analysis on Several Concepts of Fund

public fund

Public Offering of Fund is a fund type supervised by the competent government department and open to all investors. Public Offering of Fund has strict legal supervision, operating procedures and information disclosure norms. Public Offering of Fund is relative to private equity funds. The closed-end funds in China market are all publicly issued funds.

privately offered fund

Private fund is a kind of fund type relative to public fund. Private equity fund is a kind of fund that fund companies raise funds privately from specific people without the supervision of government departments. The "illegal fund-raising" that often appears in financial cases is the illegal behavior of private equity funds in the process of financing.

Sunshine private placement

Sunshine private placement is an investment fund aimed at the stock market. Sunshine Private Equity is a standardized, transparent and relatively safe private equity fund, in which three parties participate, the trust company issues products, the bank holds funds, and the regulatory authorities put them on record.

Hedge fund

Hedge fund is an investment strategy of Sunshine Private Equity. Fund managers will invest the funds obtained from financing in two forms that are completely opposite to the estimated situation. When one party loses money, it will be diluted by the other party's profit. The early hedge fund can be said to be a form of fund management based on the conservative investment strategy of hedging.

One-to-many fund

One-to-many fund refers to the fund company raising funds from more than two specific customers, or accepting the property entrustment of more than two specific customers, and collecting the entrusted property in a specific account for securities investment activities.

Can Alipay buy fund-related articles on weekends?

★ How to buy private equity funds

★ How to take out Alipay Fund?

★ How much can 2022 Alipay Fund earn by buying 500 yuan? You can earn 100 yuan.