At present, China's capital account convertibility has not been fully liberalized, so QDII funds are the most important means for ordinary people to invest in overseas capital markets. What are the confirmation rules for QDII fund shares?

Rules for the confirmation of fund shares of domestic institutional investors

1 subscription rules: for subscription on T day, the share will be confirmed according to the net fund value on T day, and the share will be confirmed on t+2 day. After the net value of t+2 is updated, you can check the profit and loss situation.

Redemption rules: the application on T day will be redeemed according to the net value of the fund on T day, but the redemption time is very long, usually around ten trading days.

3QDII fund trading days will be affected by overseas holidays, which is different from domestic fund trading days, and the fund prospectus shall prevail.

So why is the redemption time of QDII funds so slow? This is because qdii fund products invest in the global market, so there will be a time difference, resulting in different trading hours and currencies in different regions. Therefore, the settlement and net value calculation of qdii funds will be slower than that of a single market, and the net value will generally be announced across working days.