Can I buy a fund on Friday? I believe some people must have such doubts in their hearts. After all, there are also timing nodes where funds are not easy to buy and cannot be bought. Therefore, this small series has sorted out whether the funds can be bought on Friday, hoping to answer some of your doubts.
Can I buy the fund on Friday?
It is not recommended to buy funds on Friday. T+ 1 trading of this fund, buy this fund on Friday, and confirm the share next Monday. The income will be calculated only after the share is confirmed, which is equivalent to a two-day blank period. The fund mainly invests in stocks. There may be bad news on the weekend for two days, which will cause the stock to fall, thus making the investment fund lose money.
Fund trading hours: Monday to Friday, 9: 30am-1:30am, afternoon13: 00pm-15: 00pm, and trading is not allowed on legal holidays.
When is the best time to buy a fund?
It is most appropriate for the fund to buy around the trading day 15: 00. The trading hours of the Fund are Monday to Friday from 9: 00- 1 1: 30, 13: 00- 15: 00, and trading is not allowed on Saturdays, Sundays and national legal holidays. Fund trading is a kind of circulation and transfer activity with funds as the buying and selling object and at its own risk and income. Buying, including subscription, subscription, fixed investment, etc. ; Selling includes redemption, liquidation, etc.
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. According to different investment objects, it can be divided into stock funds, bond funds, money market funds and futures funds. Subscription refers to the process of investors buying fund shares during the period of raising open-end funds, when the funds have not been established. Usually, the subscription price is the face value of the fund share (1 yuan/share) plus certain sales expenses. Investors who subscribe for this fund shall fill in the subscription application form at the fund sales point and pay the subscription fee.
Why did the foundation collapse on Friday?
First, the decline of the fund on Friday was mainly due to these two reasons:
1. After Friday, it will be the weekend. The announcement of weekend policies and news will directly affect the rise and fall of stock prices, so it is uncertain. In addition, investors are risk-averse before the weekend, so investors will choose to sell stocks on Friday. The stock was sold, and the stock price fell, resulting in a decline in the fund's net value.
On Friday, many investors were worried that the weekend news would lead to a sharp drop on Monday, and all redemptions would be more than usual. If there is a huge redemption, it will affect the net value of the fund.
So people will feel that Friday is not suitable for buying funds, but funds are a long-term investment process, rather than paying attention to whether they can get small profits after buying in the short term. In particular, if the fund makes a fixed investment, it will deduct money if the net value of the fund falls, because the share of falling purchases will be more.
Second, what is fund trading?
Fund trading is a kind of circulation and transfer activity with funds as the buying and selling object and at its own risk and income. Buying includes subscription, subscription and fixed investment. Selling includes redemption, liquidation, etc. Direct selling channel refers to the fund company's own trading channel, such as the fund company's online trading. The distribution channels are banks, securities companies and other institutions, and investors can buy directly from banks and brokers. Fixed investment is the abbreviation of fixed-term investment fund, which refers to investing a fixed amount in a designated open-end fund at a fixed time, similar to the bank's zero deposit and withdrawal method. Redemption, also known as repurchase, is aimed at open-end funds. Investors directly or through an agency require the fund management company to withdraw part or all of the investment from the fund and remit the repurchase money to the investor's account.