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Why do funds purchased the day before National Day count as seven days? Does the holiday not count?

The full seven days are counted from the day of purchase to the seventh day; holidays are not counted because the fund does not trade during holidays. Introduction to fund trading hours:

1. Ordinary purchase time of funds: If you buy it on a trading day (stock market opening time from Monday to Friday), it will usually be on T+2 (T is the time to buy the fund (+2 means 2 trading days after the day of purchase), you can see the fund shares you purchased. Fund reservations should be purchased on non-trading days, and trading will generally be postponed to the next trading day.

2. Trading hours for fund fixed investment: Fixed investment is traded at the time selected by the customer. If the selected time is a non-trading day, it will be postponed.

Extended information:

Notes on fund purchase:

1. Correctly understand the risks of funds and purchase fund types that suit your risk tolerance. Most of the funds issued are open-end stock funds, which are the riskiest fund types in my country's fund industry today. Some investors believe that the stock market is experiencing a bull market and many funds are issued through major banks, so there is absolutely no risk.

But I don’t know that funds are just investment and financial management by experts. They use users’ money to purchase securities. Like any investment, there are certain risks, and this risk will never completely disappear. If you do not have enough risk-taking ability, you should buy debt-oriented or bond funds, or even money market funds.

2. Buy split funds with caution. In order to cater to investors' demand for cheap funds, some fund managers split funds that have performed well for a period of time and normalize their net values. Most of these funds are intended to expand their scale.

Imagine that before the fund is unified, it has to sell some of the stocks it holds, and then buy a large number of stocks after the fund is expanded. Not to mention how much extra stock buying and selling fees are paid, just to expand the scale. There is a certain risk in buying in a hurry. In fact, the performance of funds that adopt this marketing method is often unsatisfactory.

Baidu Encyclopedia-Fund Trading

Baidu Encyclopedia-Fund Trading Hours