How long does it take to buy a fund and sell it?
Investors need to sell the fund after t+2 days, which means they can sell it the next day at the earliest. Once investors decide to sell, it is best to sell the fund before 3 pm, so that the share confirmed on the second trading day is calculated according to the net value of the fund on the day of sale. In order to prevent too much loss, the profit-taking position set by yourself is the most suitable selling opportunity.
In the trading market, the fund product itself abides by the trading rules of T+ 1, so users can sell the fund according to their own needs after purchasing the fund and confirming the share. In the process of fund operation, certain handling fees and service fees are required. If the profit-taking point is not reached, investors are not advised to buy and sell frequently.
If investors prefer short-term operation, they can choose stocks or floor funds. The redemption fee for OTC funds is relatively expensive. Once you choose OTC funds, most of them are long-term operations. However, no matter what kind of fund investors choose, as long as they see that the rate of return of a certain fund they hold has reached the set rate of return, they can start selling take profit.
Among them, the subscription and redemption submitted before 3 pm on the trading day are based on the net value of the fund on that day. Applications for subscription and redemption submitted after 3 pm on the trading day shall be made according to the net fund value of the next trading day. If investors submit redemption applications before 3 pm, the market will rise and fall after 3 pm or later.
Summary: Buying funds can only be sold at t+2. Trading funds is a technical job, and the timing of buying and selling is very important. It is very important to learn to set the profit-taking point. If investors choose OTC funds, it is actually very uneconomical to sell them in the short term. Off-exchange funds are generally recommended to be held for a long time.