Under normal circumstances, fund subscription and redemption are confirmed at unknown prices. Buying before 3 pm on the trading day is confirmed by the closing price at 3 pm on the same day. In addition, it is not included in the income of the day, but the subscription share is confirmed according to the net closing value of the fund. So, how many days does it take to subscribe for a new fund to confirm the share?

How many days does it take to subscribe for a new fund to confirm the share?

Under normal circumstances, it takes 2 days to subscribe for the new fund to confirm the share, and the specific time is 2 working days after the trading day. However, the specific time needs to be determined according to the time when investors submit their subscriptions. Before the trading day 15, it belongs to the subscription of the day, and it belongs to the next trading day if it exceeds 15. Therefore, when investing in the fund, investors must purchase before the trading day 15, so as to ensure that they can get the fund income as soon as possible and avoid the loss of income.

Similarly, if the investor sells the fund before 3 pm on the same day, it will be confirmed according to the net value of the fund on that day, and the selling share will be confirmed the next day, or even received.