When purchasing fund products, the fund subscription and redemption fee is also a big fee, which will affect the actual expected rate of return of fund investment. The subscription and redemption rates of funds are directly related to the number of days held by funds. Generally, the holding period is less than 7 days, which is the most uneconomical. So how do you calculate the number of days Alipay funds hold?

How to calculate the holding days of Alipay Fund?

The number of days held by the Fund shall be counted from the date of successful subscription confirmation to the natural day before the trading day of redemption application confirmation.

1. How to calculate the starting time of fund holding?

Under normal circumstances, funds purchased before the trading day 15:00 will be confirmed on the next trading day.

For example, if a fund is bought before 19, 10, 2 1 (Monday), then 20 19, 10, 22 are the confirmation trading days, and the fund holding days are counted from the 22nd.

Funds subscribed after trading day 15:00 will be confirmed on the next trading day.

For example, if a fund is bought after 19,10,21(Monday), then 20 19,10,23 is the confirmation trading day, and the number of days held by the fund is counted from the 23rd.

Weekends and legal holidays are non-trading days and do not belong to the fund confirmation date.

For example, funds bought on Friday at 20 19 or 10, whether before 15:00 or after 15:00, will not be confirmed until next week.

2. How to calculate the fund holding period?

Under normal circumstances, funds redeemed before 15:00 on the trading day will be confirmed on the next trading day.

For example, if the fund is redeemed before Thursday, 20 19, 15:00, then the confirmation date of redemption application is Friday, 20 10, and the number of days the fund is held is 10 Thursday.

The fund holding deadline is calculated on natural days, including weekends and legal holidays.

For example, if the fund is redeemed before Friday, 20 19, 15:00, then the confirmation date of redemption application is Monday, 20 10, and the number of days the fund is held is 10 Sunday.

The above contents about how to calculate the holding days of Alipay fund, I hope to help you. Warm reminder, financial management is risky and investment needs to be cautious.