Whether it can be traded outside 9:00~ 15:00 depends on the regulations of each fund. But in any case, the effective subscription time is 9:00- 15:00.

In other words, fund sales organizations usually confirm the subscription before 3 pm as the subscription of the day, while the subscription after 3 pm is counted as the effective subscription of the next day, and some sales organizations do not accept the subscription after 3 pm. If the investor subscribes at 4 pm on the 28th, and the fund sales organization accepts the subscription outside 9: 00 ~ 15: 00, the 29th will be counted as a valid subscription; If the fund sales organization does not accept the subscription outside 9: 00 ~ 15: 00, it will not be accepted.

Fund subscription adopts the "unknown method", and investors take the net asset value of the fund unit on the subscription day as the subscription price. In other words, the net subscription share is calculated based on the unit net value of 10 year1October 28th. The above-mentioned transaction at 4 pm was made according to the net value on the 29th.