The subscription of the fund before ten o'clock is not the income of the day. Since the subscription and redemption of funds follow the principle that the price is unknown, the time to purchase funds and the time to confirm shares are generally based on the transaction of 15:00, which is divided into the following two situations.
For purchases made before 1. trading day 15:00, the purchase price is the closing net value of the day, that is, the share confirmed by T+ 1 day.
2. For purchases made after trading day 15:00, the purchase price is the closing net value of the second trading day, that is, the share confirmed on T+2.
Therefore, it is faster to buy a confirmed share before 3 pm than after 3 pm.
Secondly, according to today's valuation, the fund bought before three o'clock can know whether it is up or down. If it goes up, it can be sold; if it goes down, it can be considered. And the fund bought after three o'clock doesn't know what the valuation will be like tomorrow.
Generally speaking, there is no difference between buying before 10 and buying before 15:00. Similarly, as long as the funds are bought before 15:00, they are all settled according to the net value of the day. The ups and downs of the day have little to do with the buying time, and there is nothing to gain from the ups and downs.
The time for fund purchase and share confirmation is 15:00. Generally speaking, it is recommended to buy before 15:00, because it is faster to confirm the share. Secondly, if you buy before 15:00, you can know whether it is up or down according to the valuation of the day. If it goes up, it can be sold; if it goes down, it can be considered.