My statement is more popular. You can think of 3 pm as the critical point of fund trading. Prior to this, the transaction was calculated according to the share of the day, and then according to the share of the next day. Whenever you make a fund transaction, the foundation will confirm your share according to the net value at that time.
You need to look at your trading hours.
As I said above, if you trade before 3 pm that day, the foundation will confirm the share according to the net value of that day and transfer it out before 24 o'clock the next day. You can understand this behavior as the redemption of the fund. The redemption of the fund is the same as the subscription of the fund, and the transaction is closed before 3 pm.
The trading rules of each fund product are exactly the same.
We should know that the rules of fund trading are not set by a fund product or fund manager, but fixed rules of the market. The net value of your day's trading will also be determined according to the trading time of the day, which can be understood as T+ 1. If you need money in a short time, you need to pay special attention to holidays, because holidays are not open, even if you have done the operation, you will not be able to determine the net value until the market opens.
I suggest you learn the basics of the fund.
Although the fund's volatility and risk are lower than those of stocks, it does not mean that it will definitely make a steady profit. It is suggested that novice investors fully study the basic knowledge of funds before investing in funds and have a basic understanding of fund transactions, which is a manifestation of being responsible for your personal property. For those small partners with low risk aversion, they may choose aggressive investment models, such as investing in stock funds and hybrid funds. On the contrary, small partners with high risk aversion will choose to invest in index funds and bond funds.