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What fund is free for 7 days?
Generally speaking, at present, most funds have to charge a part of handling fees for subscription or redemption, with the exception of money funds, and there is no need for subscription fees and redemption fees. Most other types of funds charge fees, and some charge front-end fees, generally referring to subscription fees. And some need to charge back-end fees, generally referring to redemption fees. So what fund is free for 7 days? How is that calculated?

According to the relevant regulations of Public Offering of Fund, if the fund is redeemed within 7 days, a part of the handling fee will be charged. This 7-day holding refers to the time for trading on natural trading days, including weekends. So most funds need to charge fees.

For example, if you buy a fund before three o'clock on Monday and sell it before three o'clock next Monday, it is exactly seven days, and there is no need to charge a handling fee.

But some funds are free for seven days, such as money funds, which generally have no subscription fee and redemption fee. Moreover, the risk of buying a money fund is small, and it can basically guarantee that the principal will not be lost, which is a stable income type.

Secondly, there are a few bond funds that don't charge subscription fees. Generally, they don't charge fees after 30 days, and some companies charge fees after 7 days. Therefore, before buying a fund, you should plan your own financial planning reasonably. Investment is risky and financial management needs to be cautious.

Generally speaking, money funds are generally purchased for free within 7 days. Secondly, the free 7 days are calculated from the time when the fund share is confirmed, including holidays and working days. The fund confirmation date refers to T+ 1, and t refers to the trading day. The trading day is the opening time of the stock, that is, Monday to Friday (except holidays). If the fund purchases on a non-trading day, then the trading day will be counted as T. ..