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Is there no income during the period when the fund is to be confirmed?
There is no income when the fund is confirmed to buy, and it will only begin to generate income after confirmation. At the same time, when investors sell, the time of holding the fund is also calculated from the date of fund confirmation.

It should be noted that if an investor buys a fund before the trading day 15, the day will be counted as a transaction, and the fund share will be confirmed and the income will be displayed on the next trading day (T+ 1). The fund share will be converted according to the net value of the fund after the closing of the subscription day. In case of holidays, the confirmation time of this fund will be postponed accordingly.

If investors buy funds after the trading day 15, it will be counted as a trading application for the next trading day. The fund share will not be confirmed until the next trading day (T+2), and the income will be displayed. The fund share is converted according to the net value of the fund on the next trading day on the day of subscription. In case of holidays, the confirmation time will be postponed accordingly.

Therefore, when investors are optimistic about a fund, it is best to buy the fund before 15: 00 on the same day.