The purchase and sale of funds are calculated by share, and there will be a starting purchase amount, which is generally 100 yuan.
If the net value of the fund is 2 yuan at this time, then buying 100 yuan means buying 50 fund shares.
Many funds started with the fixed investment of 10 yuan.
If the subscription of the Fund is submitted on T day, the share will be confirmed on T+ 1 day.
T+ 1 update the net value at night to see the profit and loss, and the fund has only one net value every day.
Therefore, as long as you submit it before 3 pm that day, your purchase price is calculated according to the updated price of the net value that night.
If it is submitted after 3 o'clock, it will be postponed to the next trading day.
The sale of the fund is also submitted on T day, and T+ 1 confirms the share, but the time for the fund to arrive at the bank card will vary according to different trading channels. For example, the daily funds arrive at the bank card on T+4.
The redemption time of money funds will be faster. Generally, T+ 1 can get the bank card.
Moreover, the CSRC stipulates that those who hold it for less than 7 days will be charged a redemption fee of 1.5%, except for monetary funds. It is also to encourage investors to make long-term investments.
Having said that, I hope you can accept my advice!