No, LOF funds belong to OTC funds. T+ 1 transaction is implemented for OTC funds. Buying on the trading day is calculated according to the net value at the close of the buying day. Confirm the share on the second trading day, and then sell the fund. Generally, you can buy on the trading day and sell on the third trading day.

LOF fund is a kind of fund, which is called listed open-end fund. After the issuance of this fund, investors can buy and sell on the exchange and purchase and redeem in the OTC market.