Buying a fund is the financial management method that most people will choose. But many people don't know much about share confirmation and income. I don't know when buying a fund on Friday will count as income. Let's take you to find out.

When is the income from buying funds on Friday?

If investors buy funds before Friday 15: 00, they will generally confirm their shares with the net value announced on Friday evening, and calculate the income on Monday, and postpone it accordingly in case of holidays.

If investors buy funds after Friday 15: 00, they will submit them on Monday. Generally, the share will be confirmed by the net value announced on Monday night, and the income will be calculated on Tuesday. In case of holidays, it will be postponed accordingly.

How to calculate the fund income?

Fund income formula = (current net value-net value at the time of purchase) * fund share handling fee.

Take a simple example: suppose an investor buys a fund with a net value of 1. 15, and the current net value of the fund is 1.5, holding 1000 shares. Without calculating the handling fee, the income from holding this fund can be calculated as: (1.5- 1.