The net value of the subscribed fund shall be calculated from the date of subscription confirmation. Fund subscription or fixed investment on T day, confirmed on T+ 1 day, redeemable and convertible on T+2 day.

Fund trading time refers to the time period during which open-end funds accept subscription, conversion, redemption or other transactions. The trading hours of funds are the trading hours of stocks, from 9: 30 am to 3: 00 pm every day.

Funds that apply for trading during non-trading hours are traded at the closing price of the next day.

You applied to buy a fund last night, so the actual purchase price is today's closing price. The closing price is usually quoted at night.

Extended data:

Net valuation

The valuation of fund unit net value refers to the estimation of fund net asset value at a certain price. Calculating the net asset value of unit funds is the key, and funds often invest in various investment tools in the securities market, such as stocks and bonds.

Because the market price of these assets is constantly changing, only by recalculating the net asset value of the unit fund every day can the investment value of the fund be reflected in time. The valuation principles of fund assets are as follows:

1. Listed stocks and bonds are calculated according to the closing price on the calculation day. If there is no transaction on that day, it shall be calculated according to the closing price of the latest trading day.

2. Unlisted stocks are calculated at cost price.

3. Unlisted government bonds and unexpired time deposits are calculated according to the accrued interest plus principal on the valuation date.

4. In case of special circumstances, if it is impossible or inappropriate to determine the asset value in accordance with the above provisions, the fund manager shall handle it in accordance with the relevant provisions of the state.