The same fund cannot be traded on the same day. If you bought it before 4 o'clock that day, you can't sell it after 4 o'clock that day, because the market closes at 4 o'clock that day and you can't buy or sell it after 4 o'clock.

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.

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.

Buying, including subscription, subscription, fixed investment, etc. ; Selling includes redemption, liquidation, etc.

Extended data:

Classified interpretation

1, subscribe

It 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.

Step 2: Buy

Fund subscription refers to the behavior that investors open fund accounts in fund management companies or selected fund consignment agencies and apply for purchasing fund shares in accordance with the prescribed procedures.

3. Redemption

Redemption, also known as repurchase, is aimed at open-end funds. Investors directly or through an agency request 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.

Step 4 clear

Generally refers to closed-end funds. This kind of fund has a fixed number of years, and its net value will be liquidated after the expiration of the fixed number of years. Stop running or turn on.

5. Fixed investment

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.

References:

Fund Trading _ Baidu Encyclopedia