When is the net value of fund redemption calculated?
The trading time of long-term funds is the same as that of stocks, so every day 15 is also the trading deadline of funds. This time point is also the key node of the fund redemption time. Funds that apply for redemption before 15 every day are calculated according to the net value of the current day, and those that apply for redemption after 15 are calculated according to the net value of the second trading day.
Because the fund redemption adopts the principle of unknown price, the net value of the fund on that day can only be priced after the close. Therefore, every day 14:00- 15:00 is more suitable for investors to decide whether to redeem, because the fund value at this time will be closer to the net value of the fund after the close.