1, days of fund holding
The holding days of the Fund are from the confirmation date of fund subscription to the day before the confirmation date of fund repurchase, and the natural days between the periods are counted as holding days, including weekends and legal holidays.
For example, investors buy funds before March 3rd 15:00, and apply for redemption of funds before March 3rd 15:00. The fund subscription confirmation date is March 4th, the redemption confirmation date is March 1 1 day, and the fund holding date is 7 days (March 4th to March 65438).
In this way, after the fund share is determined, the weekend is also counted as the holding days, and the income is calculated.
However, since the subscription date and confirmation date of the Fund are calculated on the basis of trading days, if investors subscribe for the Fund after 15:00 two trading days before the holiday after Thursday, the holding days will not be calculated on weekends and holidays as a whole.
For example, investors buy funds on February 28th (Friday), and the weekend is a non-trading day, so the fund company must confirm the fund share before March 2nd (Monday), so all the days of the fund will be counted from March 2nd, and February 29th and March 1 will not count all the days and fund income.
2. Fund holding income
Xi Cai Jun explained before that all days and income of the fund are calculated from the purchase confirmation date. When will the income of the fund end?
For general fund products, the fund income is calculated to the fund sales trading day, that is, the fund is sold on T day, the income is calculated on T day, and the income is not calculated after t 1.
For example, if an investor sells a fund on February 28th (Friday), the income will end on February 28th. Although the confirmation date of fund redemption is postponed to March 2, only the days of holding the fund on February 29 and March 1 day are counted, and the fund income is not counted.