Yu 'ebao, a wealth management product launched by Alipay, attracted10.3 billion yuan when it was launched, and people are pursuing high yield. When major apps follow suit to catch up with Alipay, the scale of Yu 'ebao is gradually decreasing. In the final analysis, it is the decline in yield. In order to retain users, Alipay turned to other places and launched various funds, including stable and selected current wealth management and selected index. What is the difference between the rules of fund trading on Alipay? When was the net value sold? How is sales calculated?

When was the net value of Alipay sold?

1 AliPay Fund is an OTC fund with only one net value every day;

2 The net value of the day is generally announced from 20: 00 to 24: 00.

(3) If it is sold before trading day 15:00, it shall be calculated according to the unit net value after today's closing;

If it is sold before trading day 15:00, it shall be calculated according to the unit net value after closing tomorrow;

5 Before 24: 00 on the next trading day, the selling amount (excluding the handling fee) shall be transferred to Yu 'ebao. For users without Yu 'ebao, T+3 will be transferred to the bank card.

6 Alipay platform provides fund conversion function, which can be converted into another fund on the day of sale, saving two days of trading time.

7 Net valuation is that the fund sales platform estimates the rise and fall of the fund's net value on that day according to the quarterly report or the annual position trend; Different platforms have different estimation methods. Even at the same time, the calculated net value estimate will be different, so the net value estimate is for reference only, subject to the net value actually announced by the fund company every day.

The conversion formula when selling is: redemption amount = redemption fund unit net value-redemption fee. Usually, the holding time of the fund is too short, and a handling fee of 0%- 1.5% is required; If the holding time is less than 7 days, the fund company will charge you a redemption fee of 1.5%, which is why some friends' funds have been sold for a few days, and Alipay still shows a deduction. If it is a short-term investment, it is purely to work for Alipay. It is not recommended that you choose a fund.