With the development of the economy, people's incomes are also increasing, and fund products in the financial management market are also constantly enriched. Many investors purchase funds for the first time but find that the funds they bought are always displayed in the transactions. So why are the funds always displayed in the transactions after they bought them?

?Why has the fund been trading after buying it? This is because the fund has not yet confirmed its shares. Investors can only see profits and losses after the fund shares are confirmed.

Generally, you buy a fund on T day, confirm the share on T+1 day, and then you can check the profit and loss after the T+1 net value is updated.

T refers to the trading day of the fund, which is Monday to Friday that is not a holiday, with 15:00 as the limit every day.

In fact, this situation occurs in OTC funds. OTC funds buy according to the net value of the unit. The net value of the unit is only calculated once every trading day. Only after the net value is updated can the number of shares of the fund that the investor can own be calculated.

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The net value of units based on different purchase times is different. OTC funds publish the net value at 15:00 on each trading day, and 15:00 is the closing time of stocks.

If an investor buys before 15:00, the share will be calculated based on the net value of that day. If the investor buys after 15:00, the share will be calculated based on the net value of the next trading day.