Can the on-site fund be redeemed on the day of subscription?
Most of them cannot be redeemed, and a few can be redeemed. The trading rules of on-site funds are the same as those of A-share stocks, which means that once they are bought today, they can only be redeemed on the next trading day. For example, a few ETF funds implement the T+0 trading system.
On-site fund trading rules:
Funds bought at 1T can be sold at T+ 1; (except T+0 transaction)
2T sold funds, arrived on the same day, T+ 1 desirable;
3 Support T+0 trading funds: cross-border trading funds (except SDIC China), money ETF funds and gold ETF.
Is there any income on the day of buying the fund?
After the purchase is successful, there will be gains. On-site funds trade in real time, and the income will be calculated as long as the transaction is completed. When the net value of the fund is greater than the net value of the investor's subscription, the investor will gain, and when the net value of the fund is less than the net value of the investor's subscription, the investor will lose.
On-site trading of funds is to open a shareholder account or an on-site fund account in the stock exchange and use the online trading system of securities companies to buy and sell funds in real time. The transaction price is auctioned by buyers and sellers.
On-site trading and off-site trading are two channels of fund trading. Different trading places are not indicators to distinguish the quality of funds, but there are certain differences in transaction costs, transaction menus and transaction objects. Novices suggest buying OTC funds, and those with securities experience can buy OTC funds.