Is it profitable to sell the fund before three o'clock and rise on the same day?
If the fund is sold before three o'clock, the income will be calculated if it rises that day. If the investor redeems before three o'clock, the fund income shall be calculated according to the net value of the fund at the end of the day. In other words, if the redemption is made according to this point in time, the net value of the fund on that day will increase, so investors can get income. The fund's t+ 1 transaction, the income is calculated according to the fund's net value at the close of the day.
The application for subscription and redemption submitted by investors before the trading day 15 is based on the net value of the fund on that day, and the fund's rise on that day is naturally a gain. Simply put, the redemption application submitted before 3 pm will be traded according to the net value of the fund on that day, and it doesn't matter whether the market rises or falls after 3 pm.
Generally speaking, the fund rise on the day when the fund is sold before three o'clock is regarded as income, but the subsequent fund rise is not included in the investor's income. Investors operate before three o'clock, and the fund does not count as income on the day of buying, but counts as income on the day of selling.