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How is the fund holding time calculated?
If you buy a fund and sell it, whether to charge a transaction fee and how much depends on the holding time. Many investors don't understand how to calculate this holding time. Let's take a look at the detailed regulations and calculation methods.

How is the fund holding time calculated?

The holding period of the Fund is "redemption confirmation date-subscription confirmation date", that is, from the subscription confirmation date to the day before the redemption confirmation date. Subscription: the establishment date of the Fund is the first day of the holding period; Purchase: the transaction confirmation date is the first day of the holding period; Redemption: the natural day before the transaction confirmation date is the last day of the holding period.

For example: Fund A is subscribed before Monday 15:00, and the fund company confirms it on Tuesday, and then redeems it before Monday 15:00, and the fund company confirms it on Tuesday, so the holding time of Fund A is from Tuesday to next Tuesday, one ***7 days, because the confirmation date of fund redemption is not included in the holding time.

The holding days of the fund shall be counted from the date of confirmation of the fund subscription to the day before the confirmation of the fund redemption. The number of days in the middle interval is the actual holding days of the fund, and the holding days are calculated according to natural days, which means that holidays such as Saturday, Sunday and National Day are also included.

The above is the answer to the question of how to calculate the holding time of funds. I hope it will help you. If it was bought after Friday 15:00, the confirmation date is next Tuesday, and next Tuesday to next Monday for 7 days. Investors can submit a redemption application next Monday.