Purchase or redemption after three o'clock in the afternoon shall be calculated according to the net value announced at the end of the next day's transaction. Buying funds online at 20: 00 pm is based on the net value of the fund the next day. The online redemption of funds before 3 pm on the same day is calculated according to the net value at the end of the transaction on that day.
Extended data:
The buying price and selling price of fund units are formed in different ways. Because closed-end funds are listed on the exchange, their buying and selling prices are greatly influenced by the relationship between market supply and demand. When the market supply is less than the demand, the buying and selling price of a fund unit may be higher than the net asset value of each fund unit.
At this time, the fund assets owned by investors will increase; When the market supply exceeds demand, the fund price may be lower than the net asset value of each fund unit. The buying and selling price of open-end funds is calculated based on the net asset value of the fund unit.
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