Do I have anything to do with buying funds before three o'clock and going up on the same day?
Related. The subscription and redemption of funds occur every day, so the net asset value of fund units as the basis of transactions must be calculated at 15 after the daily closing, and announced the next day.
If the fund is purchased before the trading day 15, it shall be calculated according to the net value of the fund on that day. What is the net value of the fund on that day will affect our share of buying funds. The smaller the net value of the fund on that day, the more shares we can buy under the condition that the principal invested remains unchanged. When the fund goes up, the share of the same money we can hold will decrease.
Therefore, it is unfavorable to subscribe for a fund before 15, and the fund will go up that day, which means that if you want to buy the same number of fund shares, the transaction cost will go up. It is best to fall on the same day, and then rise after we confirm the share, that is, T+ 1.
However, if we buy the fund after 3 pm on the trading day, buy it according to the net value of the fund on the second trading day and confirm the fund share on the third trading day, then the rise and fall of the first trading day has nothing to do with us.