Generally, the subscription funds on T day are confirmed on T+ 1 day, and can be redeemed on T+2 day. Therefore, Alipay funds are held for at least 2 days. QDII funds generally need T+2 days to confirm, but the holding days of the fund are calculated from the confirmation date of purchase to the confirmation date of redemption.

According to the relevant regulations on public offering of funds, if you hold the fund for less than 7 days, you will be charged a redemption fee of not less than 1.5%. Holding time refers to the natural day between fund selling and buying, including holidays and weekends, and is generally calculated according to the period from the confirmation date of subscription to a natural day before the confirmation date of redemption. ?