After the fund company buys the fund, it confirms the corresponding fund net value according to the investor's buying time, and then confirms how many fund shares there are. After the fund's net value changes, it will show the expected income of the fund.
The trading time of the Fund is generally bounded by the trading day (that is, T day) 15, and the trading application after 15 is postponed to the next trading day. Weekends and legal holidays are postponed to the first trading day after the holiday.
When will the fund purchase confirm the share? When will the expected return be shown?
If a fund purchases before the trading day 15, it will be counted as the trading day, and the fund share will be confirmed and the expected income will be displayed on the next trading day (T+ 1), and the fund share will be converted according to the net value of the fund after the closing of the purchase day.
If a fund purchases after the trading day 15, it will be counted as a trading application for the next trading day. The fund share will not be confirmed until the next trading day, and the expected return will be displayed. The fund share is converted according to the net value of the fund on the next trading day on the day of subscription.
Fund transaction fee
There are handling fees for fund transactions, mainly subscription fees and redemption fees. The general subscription fee is only to attract investors, and fund companies generally give preferential treatment, and the preferential strength of different fund sales channels is different. Alipay funds are usually 10% off, that is, the redemption fee is calculated according to the net value at the time of sale and the fund share sold. Generally, the longer you hold a fund, the lower the redemption rate of the fund. Some funds, such as money funds and wealth management funds, have no redemption fees, while bond funds have less redemption fees, which are generally exempted if they are held for more than 30 days.
The above is a summary of the fund trading rules, and I hope it will help everyone. Warm reminder, financial management is risky and investment needs to be cautious.