Generally speaking, if investors buy funds before three o'clock, they will confirm them on the next trading day; Funds bought after three o'clock will be confirmed on T+2. Of course, it is not excluded that some fund companies will confirm their shares later. However, according to Article 20 of the Measures for the Administration of the Operation of Public Offering of Securities Investment Funds, the fund manager shall confirm its share within 3 working days from the date of receiving the investor's application for subscription and redemption, that is, the time for confirming its share shall not exceed 3 working days at the latest.

But QDII is an exception: QDII funds are subscribed before 15: 00 on the same day, and the share is calculated according to the net value of the day. The system generally confirms the share on T+2. If the QDII fund is purchased after 15:00, the share will be confirmed according to the net value of the next trading day on T+3. The foreclosure date of the shares is: T+3 days. Redemption time: generally 4-7 working days, or 4- 10 working days.