Does the fund holding days include weekends?
The number of days the fund is held includes weekends. The number of days of fund holding refers to the natural day when the fund company confirms the trading interval, excluding holidays and weekends. For example, subscribe on Monday, confirm the share on Tuesday, and redeem the share next Monday. The holding period is 7 days, counting at the weekend.
Funds purchased before trading day 15:00 will be confirmed on the next trading day. For example, if a fund is bought before 19, 10, 2 1 (Monday), then 20 19, 10, 22 are the confirmation trading days, and the fund holding days are counted from the 22nd.
Funds subscribed after trading day 15:00 will be confirmed on the next trading day. For example, if a fund is bought after 19,10,21(Monday), then 20 19,10,23 is the confirmation trading day, and the number of days held by the fund is counted from the 23rd.
In the fund market, following the order of price priority and time priority is helpful to maintain the market order and ensure that the market is in a reasonable operation stage. In short, high-priced buying declaration takes precedence over low-priced buying declaration, and low-priced selling declaration takes precedence over high-priced selling declaration. Time takes precedence, of course, the earlier the declaration, the better. Specifically, when the investor's buying and selling direction and price are the same, the first applicant has priority over the last applicant.
In the fund trading market, the requirements for reporting methods are very strict. Generally speaking, the exchange only accepts member declarations, and it is impossible to declare without members.
If the fund makes a fixed investment, each transaction is calculated independently, and the holding time of multiple subscriptions is different. If it is an on-site fund, the holding period is calculated from the date of purchase.