If investors need funds, they should make reasonable arrangements in advance. For example, on holidays, if investors need capital expenditure, they can sell the fund a few days before the holidays.
During the closing period, some foundations suspended the subscription to business, and then accepted the subscription to business after the market opened. However, during the National Day, investors can conduct redemption operations, and their redemption instructions are submitted on the first day of market opening, and the redemption funds are calculated according to the net value announced that night.
Does the fund held by investors have any income during the National Day?
If the funds held by investors are equity funds, hybrid funds, index funds, etc. There is no income during the National Day because the target of their investment is stocks, and stocks do not open on holidays.
If the funds held by investors are money funds or bond funds, there will be gains during the National Day. The reason for this is the following：
Money funds, which mainly invest in some deposits and bonds, earn interest every day, so they have income every holiday. At the same time, the monetary fund calculates the income of the day every day and makes distribution and payment. In the event of a statutory holiday, the income during the holiday will be disclosed on the second natural day after the holiday, which leads investors to find that the income on the first day after the holiday is particularly high.
The income of bond funds mainly comes from the change of net value and bond interest, in which bond interest is calculated according to 360 days, so bond funds have income on holidays, and the income on holidays is generally reflected in the net value of fund shares.
In short, funds that invest in a basket of stocks have no income during the National Day, while bond funds and money funds also have income on holidays, but they are not displayed on holidays, which makes investors mistakenly think that there is no income on holidays.