In other words, selling funds after three o'clock on Friday will not be confirmed until Monday. The selling price is calculated according to the net closing value of the fund on Monday. It can be seen that selling funds and buying funds need to grasp the time point.
I. Calculation of weekend transaction price If it is around weekends or national holidays, it is another calculation method. If it is sold before 3 pm on Friday, the selling price of the fund will be displayed on Saturday according to the closing price of the fund company on Friday. If it is sold after 3 pm on Friday, the fund selling price will be displayed on Tuesday according to the closing price of the fund company next Monday.
Second, the calculation of the transaction price during the holiday, the fund is closed, so if it is sold at 3 pm on the last day before the holiday, the selling price of the fund on the first day of the holiday is displayed, which is the closing price of the fund company the day before. If it is bought after 3 pm on the last day before the festival, the net value of the fund on the first working day after the festival is taken as the selling price of the fund. At present, funds are mainly divided into two categories according to the different selling methods. Open-end funds can only be sold in banks, brokers and fund companies, while closed-end funds can generally be sold in the secondary market. At present, there are many platforms for tradable funds. Compared with stocks, funds are much more stable as a means of financial management. It should be noted that the subscription rates and selling rates of different funds are different, and the longer they are held, the more they will be.
Third, although funds are not as ups and downs as stocks, their daily net value is constantly changing. Generally, the deadline for fund trading is 3 pm, which means that the selling price before 3 pm and after 3 pm is different. Business day trading price is calculated on the trading day. If it is sold before 3 pm on Friday, the selling price of the fund will be displayed on Saturday according to the closing price of the fund company on Friday. If it is sold after 3 pm on Friday, the fund selling price will be displayed on Tuesday according to the closing price of the fund company next Monday. Holiday transaction price calculation During the holiday period, the fund is closed, so if it is sold at 3 pm on the last day before the holiday, the selling price of the fund on the first day of the holiday is displayed, which is the closing price of the fund company the day before. If it is bought after 3 pm on the last day before the festival, the net value of the fund on the first working day after the festival is taken as the selling price of the fund.
4. At present, funds are mainly divided into two categories according to different selling methods. Open-end funds can only be sold in banks, brokers and fund companies, while closed-end funds can generally be sold in the secondary market. At present, there are many platforms for tradable funds. Compared with stocks, funds are much more stable as a means of financial management. It should be noted that the subscription rates and selling rates of different funds are different. Generally, the longer the holding time, the lower the handling fee of the fund. Fund, in English, refers to a certain amount of funds set up for a certain purpose. It mainly includes trust and investment funds, provident funds, insurance funds, retirement funds and funds of various foundations.