T+ 1 day in the fund refers to 1 trading day after T. If you bought the fund before Thursday 15: 00, then Thursday is T day, and T+ 1 is Friday. Under normal circumstances, the fund begins to calculate interest when the share of T+ 1 day is confirmed, and the income of T+2 day arrives, and weekends and holidays are not counted as trading days. If the fund is subscribed after Thursday 15: 00, then the trading day T is Friday, and the trading day T+ 1 is next Monday, and no income will be generated at the weekend.

Funds can be divided into broad sense and narrow sense. Broadly speaking, they refer to a certain amount of funds set up for a certain purpose, such as trust and investment funds, provident funds, retirement funds and so on. In a narrow sense, they refer to funds with specific purposes and uses. Usually, funds mainly refer to securities investment funds. The income of securities investment funds comes from the future, and the performance of the income is inseparable from the performance of the investment target market, which has certain risks.

According to whether fund units can be increased or redeemed, they can be divided into open-end funds and closed-end funds. Open-end funds are not traded on the market (as the case may be), but are purchased and redeemed by banks, brokers and fund companies, and the fund scale is not fixed; Closed-end funds have a fixed duration and are generally listed and traded on the stock exchange. Investors buy and sell fund shares through the secondary market.