Fund trading follows the principle of unknown price, that is, the amount of fund shares bought or sold is calculated by the net asset value of fund shares after the closing of the application date for subscription and redemption.
If the investor redeems the fund before the fund day 15: 00, the transaction price is the fund announced in the evening of that day; If the investor redeems the fund after 15: 00 on the same day, the transaction price is the fund announced in the evening of the next trading day.
Therefore, we need to see that the key time point is 15: 00. If it is redeemed before the afternoon closing of the trading day, that is, before 15: 00, the redemption price will be calculated according to the closing net value of the day.
If it is redeemed after 15: 00, then the uncertainty will increase, because it is calculated according to the net closing value tomorrow. If it rises sharply tomorrow, it means that you have made a profit, and the plunge will be a big loss.
If you redeem the fund in the case of a big drop on the same day, you will definitely suffer a big loss, so try not to operate when it falls sharply.
Then, let's sum up: in terms of operation time, it is best not to operate after 15: 00, and see whether it will go up or down the next day. Half an hour before closing is the best time to operate.