Yes, the fund is traded at T+ 1 and redeemed on the trading day (within the trading time). According to the closing net value, the share will be confirmed on the second trading day. After the share is confirmed, the funds will arrive in the account, and the arrival time is generally 1-3 working days (depending on each fund).
It should be noted that the floor funds are traded according to the real-time market price, and the fund price changes in real time, that is, the floor funds are not calculated according to the net value at the close, so investors should pay attention to the distinction.