The fund purchase time is 3 pm. Before this time, the transaction is regarded as the subscription on the same day, and after this time, the subscription is regarded as the next trading day.

For example, if the fund is purchased before 3 pm on Friday, it will be calculated according to Friday's closing price. If you subscribe for the fund at 8 pm on Friday, it will be calculated at Monday's closing price after 3 pm.

Extended data:

Investment in open-end funds mainly benefits from the following two aspects:

1. net increase: the increase in the net value of fund units due to the appreciation of stocks or bonds invested by open-end funds or the acquisition of dividends, bonuses, interest, etc. After the net value of fund shares rises, the difference in net value obtained by investors when they sell the number of fund shares is also the investment gross profit. The real investment income is the gross profit after deducting the subscription fee and redemption fee when buying a fund.

2. Dividend income: According to the national laws and regulations and the provisions of the fund contract, the Foundation distributes income regularly. Dividends received by investors are also an integral part of profits.