What are the rules for fund sales cancellation?
Not every order sold by the fund can be cancelled, only the unconfirmed selling orders can be cancelled. Under normal circumstances, if the fund holder can cancel the unconfirmed sell order before the closing of the trading day, but if it has exceeded the closing time, it cannot be cancelled. Most on-site funds can cancel the purchase order before the close, but if it is a real-time transaction of money funds and ETFs, it is not allowed to cancel the order.
What is a real estate investment trust fund?
Real estate investment trust fund is a kind of trust fund that invests in real estate. Appeared in European and American stock markets. However, due to China's financial control and national policies, REITs funds were officially opened in 20021,and only 9 funds were issued for the first time. REITs fund helps real estate manufacturers and other real estate and real estate projects to raise funds faster and complete the projects, thus making profits later. The annualized rate of return of REITs funds is generally higher than that of ordinary bond funds, but still lower than that of equity funds, with the advantage of being relatively more stable.
That's all. I hope it helps you.