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Why is the selling price of Alipay bond fund not the displayed price?
Why is the selling price of Alipay bond fund not the displayed price?

The reason why the amount of Alipay fund is inconsistent with the selling amount is because the fund is traded at an unknown price, and the fund amount seen by investors is the net value of the fund on the previous trading day, while the selling amount is settled according to the net value of the day.

In addition, if the fund sold by investors needs to be redeemed, the redemption fee should be deducted. So what ordinary investors see is that the fund amount is inconsistent with the selling amount. It is normal to have more or less. Because the funds are entrusted to the bank, the sales channels will not encroach on the customers' funds.