What does it mean to buy a fund before three o'clock? What is the effect
Why do funds also have buying opportunities? What is the difference between funds and stocks? What is the income of the fund? For Can we choose funds directly? The following is what the editor has compiled about what it means to buy a fund before three o'clock. I hope it can help everyone make their own judgment.
What does it mean to buy a fund before three o'clock?
OTC funds can buy before three o'clock or after three o'clock. If the fund is purchased before three o'clock, the share will be calculated based on the net value of the day. Investors can check the trend of the theme and predict the future trend of the fund based on the day's net value.
When investors purchase funds, they usually refer to the fund’s valuation. Although some valuations are biased, the valuations still have certain reference significance. If the fund valuation drops sharply before three o'clock that day, it can be judged that the net value of the fund may also drop that day, and you can get more shares by buying.
If the operation is performed after three o'clock, it will be calculated based on the share of the next trading day. The stock market is changing rapidly, and it is difficult to judge whether the trend of the next trading day is consistent with expectations.
Secondly, buy after three o'clock. If there are weekends or holidays, the period share will not be confirmed, which will take up a lot of capital and time costs. Moreover, you can still enjoy certain benefits by buying currency funds during holidays, but there will be no benefits by buying other types of funds. Therefore, it is better to buy the fund before three o'clock.
The difference between buying a fund before three o'clock and buying after three o'clock
Funds bought before 3:00 p.m. will be calculated based on the net value of the day of purchase, and the net value of the fund will be calculated on the second trading day. Confirm the share and then calculate the income. If you buy a fund after 3 p.m., it is equivalent to a buying transaction on the next day. It must be calculated based on the net value on the second trading day. The share can be confirmed on the third trading day, and the income can be calculated only after the share is confirmed.
2. The fund’s trading hours are limited. No trading on Saturdays, Sundays and national holidays. Trading days refer to Monday to Friday except holidays. Trading hours are 9:30-11:30 am and 1:00-3:00 pm. Although online transactions can be conducted 24/7, they are actually appointments and transactions. and confirmation will not be processed until the nearest transaction time.
3. Investors need to note that there is only one transaction price a day. In other words, all funds are traded based on net value. All orders placed before 3 o'clock on the trading day can be calculated based on the net value at the close of the day.
When to sell for the highest profit
The fund adopts the principle of unknown price. Today’s purchase or sale is calculated based on next Monday’s net value. It is impossible to predict when to buy or sell. Relatively cost-effective.