There may be two situations: first, buy the fund before 3 pm on weekdays, and announce the net value at night according to the day's transactions. Second, if the fund is bought before 3 pm on the rest day, the net value will be traded on the next working day, and the net value will not be seen until the evening of the next working day.
For example, Xiao Wang bought a fund at 2 pm on Friday. After updating the net value of the fund at night, he can know his buying price.
If he bought the fund at four o'clock on Friday afternoon, the net value of the fund updated at night has nothing to do with him. He won't be able to see his buying price until the net value of the fund is updated again next Monday night. So the stock market closes at 3 pm, which is the critical point for buying funds.
Extended data
Generally speaking, those bought before 15: 00 on the trading day are calculated according to the net value of the day, and the net value of the day is generally checked after the update at 8- 10 in the evening; If the subscription is made after 3: 00 on the trading day, the net value of the next trading day (T+ 1) shall prevail, and the information confirmed after the fund subscription shall prevail.
If you buy or redeem the fund on a non-trading day, such as the weekend, it will be postponed to the trading day. Therefore, if you buy or redeem the fund after 3 pm on Friday, you will not be able to confirm it until next Tuesday, and you will not be able to check the profit and loss until next Wednesday.
If the purchase is made on the last trading day before the long holiday, the fund company will only confirm the purchase after the long holiday, regardless of whether the transaction is made before or after 3 o'clock, and it is impossible to check the profit and loss during the confirmation period.
On T+ 1 day when the subscription application is submitted, the fund company will confirm the share, that is, the transaction confirmation date. You can check the income of the fund on the T+2 day when you submit your subscription application, that is, the income registration day.
It should be noted here that funds are different from stocks. Transactions at any time before 3 o'clock on the trading day, whether bought in the morning or afternoon, whether bought at the high point of the day or bought at the low point of the day, are calculated according to the net value after the close of the day.
When you buy a fund, the net value you see is the net value of the previous trading day. What is the net value of the fund you bought? You won't know until the net value of the fund is updated after the close. The fund company will update it according to the closing price.