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Is the fund purchased at an integer multiple of 100?
It's not an integer multiple of 100. It's called the first hand.

At present, the standard in China is that buying must be an integer multiple of 100 shares (100 shares = 1 lot), and selling is not limited, which can be 100 shares or a fraction of 15 shares.

As for the fund: the subscription fund is subscribed according to the amount, and generally the minimum amount is 1000 yuan. Generally, the subscription fund can be redeemed after confirmation, but the specific acceptance time is different for banks and fund companies.

The online trading platform of fund companies implements the trading time mode of buying funds T+0 and selling funds T+5, and the same is true for banks. In addition, newly issued funds during the closed period are generally not redeemable.