What's wrong with the fund showing to be confirmed?
The fund shows to be confirmed, indicating that the fund has not confirmed its share. After purchasing the fund, the display to be confirmed also means that the investor's subscription form has been submitted and the share is being calculated according to the net value of the fund. Simply put, the fund to be confirmed shows the time when the confirmed share has not been reached. Investors only need to wait for the fund to be confirmed before they can sell it, but they can't sell it in the process of being confirmed.
The fund implements T+ 1 trading. If it is bought before 3 pm on the same day, the share will be confirmed on the second trading day. For purchases made after 3 pm on the same day, the share will be confirmed on the third trading day according to the closing net value of the second transaction at 3 pm. Buying on the trading day is calculated according to the closing net value of the buying day, and the share is confirmed on the second trading day. After confirming the share, the income is calculated.
In addition, users need to understand that if users buy a new fund, the new fund will not confirm its share until the product collection is over, and the subscribed fund will not confirm its share until the fund collection is over.
Displays the fund to be confirmed, indicating that the fund purchased by the investor has not yet reached the confirmation time. If the investor bought it after 3 pm the previous day, the Fund will not confirm its share until the third trading day.