When you invest in a fund, the "in transit" status means that your application has been submitted to the fund company and is waiting for their confirmation and processing.

This stage usually occurs during fund subscription or redemption operations. It is a step in investment and financial management, using idle funds to achieve wealth appreciation through funds.

During the fund transaction process, investors need to bear some fees, which are used to pay for fund management, custody, sales, registration and other service fees.

These service fees are crucial to safeguarding the normal operation of the fund and the interests of investors.

It is worth noting that the income from fund investment does not only come from the purchase of fund units, but also comes from the appreciation of the assets invested by the fund, such as the price increase of stocks or bonds, dividends, interest, etc.

When the net value of fund units rises, investors can obtain net income even after deducting subscription and redemption fees.

Therefore, understanding "in-transit" status and knowing how these fees are calculated is critical to assessing return on investment.

In general, "in transit" is part of the fund investment process, and understanding this term can help you better track and manage your investment process.