The reason why the fund was sold on the same day and lost money the next day may be because the OTC fund sold after the close at 3 pm that day, whether it was sold on the same day or after the close, the result of the next day was different. According to the trading rules of OTC funds, if the fund is sold after the close of the day, the next day's decline is a loss. The selling price after the close of the day is the net price after the close of the next day. As long as the price falls the next day, there will be a one-day lag after the close of the day. If you sell the fund before the close of the day, it is not a loss if it falls the next day, because the selling price of the day is the net price after the close of the day, so it has nothing to do with the rise and fall of the next day.

In addition, after the fund is sold, it will not arrive on the same day, and it is necessary to wait for the redemption confirmation time of T+ 1. For example, if the fund is sold after the closing on July 27, the profit and loss will be calculated according to the closing net price of that day on July 28, and then the funds will be received after the redemption share is confirmed on July 29.