Fund trading is based on the net value of the fund unit on the trading day, but fund trading is based on the principle of unknown price. Generally, the net value of the day can only be found the next day. In other words, the net value you inquired on the trading day is the net value of the previous fund trading day, so the net value used on the trading day is generally the net value inquired on the next working day.

The application (subscription and redemption) from 0: 00 to 15: 00 on the trading day of the fund uses the net value of the fund on that day; Applications for other time periods and non-fund trading days use the fund net value of the next fund trading day.

In general, the confirmation date of subscription/redemption of the Fund is T+2, and your application for subscription/redemption submitted on April 19 will be confirmed by the Fund Company on April 23rd or 24th (Saturday and Sunday are non-fund trading days). After the subscription application is confirmed by the fund company, the fund share can be inquired on T+2; After the redemption application is confirmed by the fund company, the redemption date of the fund is generally T+7 days.

Supplement to the question:

If the application for fund subscription is submitted from 0: 00- 15: 00 on Monday, the net transaction value shall be calculated according to the net value on Monday; If you submit your application for fund subscription after 15: 00, the net transaction value will be calculated on Tuesday.