The time is not necessarily. If the fund is purchased before 3 pm on the trading day, the income can be calculated and the share can be confirmed on the second trading day. If you buy a fund after 3 pm on the trading day, you must wait until the third working day to confirm the fund share and calculate the income.

How to distribute fund income?

There are generally three ways.

1. Cash distribution. The most common way of fund income distribution is cash distribution.

2. Allocate fund units. First, the net income to be distributed is converted, and the net income is converted into an equal amount of new fund shares to be sent to investors, which actually increases the total capital and expands the fund scale.

3. No delivery. Non-distribution means that the net income of the fund is included in the principal and then invested, which increases the net asset value of the fund unit. Neither cash nor fund units are allocated.