When everyone buys and sells funds, what they are most concerned about is nothing more than returns. For example, how is the income settled? Is there any income on the day the fund is purchased? Regarding this point, the editor will tell you about it.

Is there any profit on the day when the fund is bought?

Whether there is profit on the day when the fund is bought is not absolute, it depends on the specific situation.

1 Different trading venues have different interest calculation methods

For example, there are two interest calculation methods for on-site currency funds. Among them, on the Shenzhen Stock Exchange, exchange-traded money funds implement interest calculation, which means that you will not enjoy the income on the day of buying, but you will enjoy the income on the day of selling. On the Shanghai Stock Exchange, exchange-traded money funds implement interest calculation without counting the beginning and the end, that is, you will enjoy the income on the day of buying and not on the day of selling.

2 Different types of funds purchased have different interest calculation methods

Some funds implement a t+1 trading mechanism, that is, the funds applied for on the same day will confirm the shares the next day and start calculating interest.

3 Different fund purchase times lead to different interest calculation methods

The time at which users apply to purchase funds will also affect the interest calculation of income. Applications are generally made before 15:00 pm on day t. , is counted as an application on the same day, and an application after 15:00 pm on day t is counted as an application on day t+1.